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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Veritas fined and censured for NZX rule breach

 Investment company failed to disclose bank demands to sell Nosh chain for 68 business days.  

Tim Hunter
Thu, 19 Oct 2017

A failure to disclose material information about its Nosh subsidiary for more than two months has cost Veritas Investments a $55,000 fine and a public censure from the NZX Markets Disciplinary Tribunal.

The tribunal said Veritas had agreed on new loan terms with its banker ANZ on September 9

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Tim Hunter
Thu, 19 Oct 2017
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Veritas fined and censured for NZX rule breach
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