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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

QEX board resigns following ‘differences’ with CEO, bank covenant breach

Shares in the company have been suspended for breach of NZX listing rules.

The entire board of embattled QEX Logistics has resigned, effective immediately, citing differences with the company’s chief executive and following it breaching an interest cover obligation with Westpac.

Shares in the company have also been suspended as QEX was now in breach of listing

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Hamish McNicol Thu, 18 Feb 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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QEX board resigns following ‘differences’ with CEO, bank covenant breach
General Business,
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