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Shareholders oceans apart in trans-Tasman dispute

Managing director of ASX-listed New Zealand Coastal Seafoods takes shot at New Zealand operation's 'lazy' 'cowboys'.

The company's main product has been dried ling maw exported to Asia as a health supplement.

A trans-Tasman dispute has broken out between the New Zealand and Australian operations of ASX-listed company New Zealand Coastal Seafoods as the company’s shares remain suspended from trading amid boardroom upheavals.

Australia-based managing director Peter Chai told NBR the New Zealand

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Lachlan Colquhoun Thu, 07 Mar 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Shareholders oceans apart in trans-Tasman dispute
Investment,
103061
true