Sky City
Cleared by NZX
As reported by Radio New Zealand:
"The country's biggest casino operator,
Sky City Entertainment, has been cleared of
any wrongdoing by the stockmarket regulator.
"New
Zealand Exchange's disciplinary arm says Sky
City's chairman answered a media question last
month, confirming its interest in bidding for
the Taverner Group.
"And
as a result, Bloomberg Business News ran a story
before this information was released to the
market.
"NZX
Discipline says it's not clear that the information
about the bid was price-sensitive information,
likely to have an impact on Sky City's share
price..."
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