GuocoLeisure to delist from NZ exchange

Its shares will be traded only on SGX after June 27, 2014 delisting date

GUOCOLEISURE Limited (GLL) will be delisting from the main board of the New Zealand Exchange (NZX) on June 27 next year.

The decision to delist GLL was made because holdings of shareholders on the New Zealand branch of GLL's share register now represent only 4.2 per cent of GLL's total outstanding shares on issue, and trading in GLL's shares on the NZX has been light in recent years, GLL said in a statement to the NZX yesterday.

The company said that in the year to date, the average daily turnover...

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