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NZX rejects call for Pyne Gould delisting

2015-10-16 05:12:48| Chemicals - Topix.net

NZX, which runs New Zealand's main stock market, has rejected a suggestion from the NZ Shareholders Association that it should delist investment firm Pyne Gould Corp to protect the integrity of the market. The association has complained to NZX and the Financial Markets Authority regarding Pyne Gould's practices, but had been told that the market is informed and can make its own decisions, NZSA chairman John Hawkins said in a statement.

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