GFI announces that as a result of the cancellation of his New Zealand licence, Mr Sam Danieli will no longer act as GFI’s auditor.
Details of the FMA’s cancellation can be found at https://www.fma.govt.nz/news/all-releases/media-releases/fma-cancels-auditors-licence/
GFI is looking undergoing a process to find a replacement auditor as soon as possible.
In the light of the above and in no small part due to the time of the year. GFI will be pushing its rights offer scheduled for December to January.
Minority shareholders are falling in behind billionaire Jim Grenon's board coup.
The S&P/NZX 50 Index closed at 12,209.05, down 40.5 points or 0.33%.
Retail investors took up 42% of the shares offered to them in the capital raise.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details