Steel & Tube provides the attached Capital Change Notice for the redemption and cancellation of 25,000 partly paid ordinary shares for no consideration. These partly paid shares were originally issued in 2000 pursuant to the 1993 Executive Employee Share Scheme.
Kiwi Property says Minister Penk's reform will likely be beneficial to its business.
The S&P/NZX 50 Index closed up 0.27% or 37.19 points.
ASB flagged the class action as a contingent liability.
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