Forum Archive Index - May 2001

["Ken Donelan" <kdonelan@ihug.co.nz>]

I would guess that they have failed to pay their share registry fees and
that's why the registry are are not processing any more transfers. The NZSE
have then de-listed them as obviously there can be no market in the shares
if transfers cannot be recorded.
 When  they pay the outstanding fees, and also produce an Annual Report,
then the shares can be re-listed.  Whatever, I reckon their end is not far
away.




----- Original Message -----
From: "John" <cu@Home.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, May 17, 2001 11:07 AM
Subject: [sharechat] Savoy (is this the end)


>
> The subject really reflects my question, does the announcement this
morning
> by Savoy mean that they are out of business and all shareholders are out
of
> pocket.?
>
> John
> (disc hold Savoy)
>
>
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