Veritas fined and censured for NZX rule breach
Investment company failed to disclose bank demands to sell Nosh chain for 68 business days.
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
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
NZ Aviation News
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Aviation News - Monthly
NZ$14.95 / monthly
Already have an account? Login
Tim Hunter
Thu, 19 Oct 2017
Thu, 19 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Veritas fined and censured for NZX rule breach
70937