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Seafresh suspended from NZSE

By NZPA

Wednesday 31st July 2002

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Lower Hutt fishing company Seafresh New Zealand has been suspended from trading on the New Zealand Stock Exchange.

Seafresh told the exchange it would no longer accept responsibility for the costs of its share registry, the NZSE said in a statement today.

As a result, the exchange would suspend the stock after the close of business today.

Four Seafresh shareholders, including former Brierley executive Paddy Marra, who bought more than 55 percent of the company in June were found last week to have broken the Takeovers Code.

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