The company maintains a prior proposal from an Aussie PE firm to acquire all of MPG’s shares was not in shareholders’ interests, despite that offer being worth more per share.
Defective products have been voluntarily recalled from seven states in the US.
Christchurch-based Tait International has until July 4 to make a formal offer.
He has been acting in the role since the departure of Blair Turnbull in February.
Travel booking software company has an aspirational target of $250m income by FY30.
Wilson Liu will join the board in July, 18 months after his nomination in an attempted boardroom coup.
Share price shoots up, amid confirmation of ‘inbound inquiries’.
Having already received the maximum liquidated damages, SkyCity faces a high bar to prove it deserves more.
Company ‘determined to achieve our objectives’, founder and CEO Simon Henry says.
Fletcher discloses further provisions and delays on the project and says it will vigorously defend the legal action.