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delisted from NZSX following the appointment of a receiver on 11 October 1990 - the shares of some 7000 shareholders were effectively worthless and questions were raised about the integrity of the people responsible for administering the company - the NZ Securities Commission has investigated the matter and issued comprehensive reports into the circumstances - they can be found here: http://www.seccom.govt.nz/publications/pre-sep-97.shtml | 31/07/1991 |
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