2 Cheap Cars fined $40k and censured over NZX breaches
Listed car dealer accepts errors made on corporate governance, but argues penalty too high.
2CC chair Michael Stiassny.
2 Cheap Cars has been fined $40,000 and publicly censured for breaches of NZX listing rules.
A decision from the Markets Disciplinary Tribunal hearing in September, along with an appeal decision, was released today.
The tribunal found the company breached the requirement to have at least two
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