close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
5 mins to read

NZX says Ralec failed to fully disclose disputes with two disgruntled shareholders

Ralec's disputes with two disgruntled shareholders in 2008 and 2009 and the extent to which they were disclosed to NZX took centre stage in the Wellington High Court yesterday. With special feature audio.

Jenny Ruth
Wed, 08 Jun 2016

Ralec failed to fully disclose to NZX during due diligence the details of its disputes with two disgruntled shareholders, the Wellington High Court heard yesterday.

That dispute with Bob McKay and Emma Weston began in 2008 and continued into 2009 ahead of NZX buying the assets of the Australian

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Wed, 08 Jun 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZX says Ralec failed to fully disclose disputes with two disgruntled shareholders
58887
true