AMP completes NZ delisting
AMP has become solely listed on the Australian Securities Exchange (ASX) as of today, having delisted from the New Zealand stock exchange on Friday.
The company announced its intention to delist from the New Zealand Exchange in December, last year, with the result that as of today its New Zealand shareholders have been transferred to the Australian share register.
The company said that as of today (Monday) it will be consolidating to a sole listing in Australia.
The company in 2018 and 2019 canvassed plans to divest its New Zealand business with the AMP Wealth Management business being viewed as largely stand-alone, however it has subsequently opted to grow the business while continuing “to drive localisation and efficiencies with the business”.
The company will release its full-year results this week.
if Peter Johnston had stood back and actually thought about what was happening I dare say he's forgotten that there…
…but, if the adviser joins another dealer group, then its business as usual?
"You will no longer be able to view and manage policies for your existing clients using your adviser log-in (‘a’…
I can provide quality & appropriate advice in about 1 hour with implementation on top.....I can provide "compliant" advice following…
Freaking clown....we're drowning in red tape and you're pushing this @$@$... and blaming advisers.