Provided by NZX
  • NPX2.78

    $0.062.16%

  • Open 2.84 High 2.84 Low 2.78 Bid Price 2.77

    Offer Price 2.8 Value 616310.99 Volume 220282

Current as of 19/12/14 07:40PM NZST

Nuplex looks at shift to Oz

Photo / Kenny Rodger
Photo / Kenny Rodger

Chemicals supplier Nuplex Industries is considering shifting to Australia.

Chairman Rob Aitken said in the annual report this would likely result in the payment of partially imputed dividends for New Zealand shareholders, greater liquidity in the larger Australian market and a possible re-rating of Nuplex shares over time - with listings remaining on both the New Zealand and Australian exchanges.

Nuplex shares closed yesterday up 2c at $3.39.

- AAP

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on production apcf01 at 21 Dec 2014 06:41:25 Processing Time: 465ms