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Question mark over $13m New Image buyback

Minority shareholders should have been informed but were they?

Tim Hunter Mon, 29 Jul 2019

Diet supplement maker and multilevel marketer New Image Group appears to have bought back millions of dollars worth of shares from its founder, Graeme Clegg, despite limited liquidity for minority shareholders.

Repeated indications it would release shareholder value by listing on an Asian stock

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Contact the Writer: thunter@nbr.co.nz
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Question mark over $13m New Image buyback
Business,
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