The December quarter is traditionally the best for the casino business, but Star continued to go backwards.
Chair Joan Withers describes $54.2 million loss as one of retailer’s toughest in its 42-year history.
The telco’s share price has fallen by about 40% this year.
Getting a $1.70 per share takeover offer when trading at $1.05 ‘really tests your mettle’: Arvida chair Anthony Beverley.
The fine tops a recent penalty for Mercer in August.
Daly also confirmed KMD Brands was still committed to Kathmandu NZ and the Oboz brand despite the challenged performance.
The pair owned a combined 25% of the company after striking an agreement to try to acquire the assets of the glass producer last year.
Share price eases as annual meeting reveals little news for shareholders.
Investment into a pilot system could aid salmon smoltification before the fish are moved to sea farms.
But chair Doug McKay says Hassall had the unanimous support of Vector board.
