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Found 73 results. Displaying page 4 of 4

    • Closed cases
    • Disclosure
    • Enforceable action
    • SMA

    23 February 2011

    Nuplex Industries Limited - Settlement Agreement

    The Commission alleged that from 22 December 2008 until 19 February 2009 Nuplex breached its continuous disclosure obligations under the NZX Listing Rules and the Securities Markets Act 1988 by failing to disclose to the market a breach of a banking covenant, and that both Nuplex and the directors are responsible for this failure. Read more.

    https://www.fma.govt.nz/news-and-resources/cases/nuplex/

    • Disclosure
    • Enforceable action
    • SMA

    7 April 2008

    Foodstuffs (Wellington) Co-Operative Society Ltd - Undertaking

    The Foodstuffs (Wellington) Co-operative Society Limited and its directors undertakes that they will not offer securities to the public for subscription, other than in an investment statement, registered prospectus, or authorised advertisement that complies with the Securities Act and the Regulations, or in accordance with any applicable exemption granted by the Commission. Read more.

    https://www.fma.govt.nz/news-and-resources/cases/foodstuffs-society/

    • Disclosure
    • Enforceable action
    • SMA

    5 March 2007

    Kensington Park Properties Ltd - Undertaking

    The Kensington Park Properties Limited and the Directors(Patrick Marinus Fontein, Allan Graham Clarke) accepted that Securities have been offered to the public for subscription, without a registered prospectus or an investment statement, in contravention of the requirements of the Securities Act 1978 and the Securities Regulations 1983. Read more.

    https://www.fma.govt.nz/news-and-resources/cases/kensington/

    • Disclosure
    • Enforceable action
    • SMA

    8 June 2006

    The Gables Limited (TGL), Combined Financial Services Limited (CFS) and Aoraki Commerical Property Limited (ACP)

    The Securities Commission formed the view that the offer made by TGL and the advertisement of the offer by CFS and ACP in 2006 did not comply with section 33(1) of the Act in that it was not made in or accompanied by an investment statement that complied with the Act and the Securities Regulations 1983, nor was it made in an authorised advertisement, nor in or accompanied by a registered prospectus that complied with the Act and Regulations. Read more.

    https://www.fma.govt.nz/news-and-resources/cases/tgl-cfs-acp/

    • Disclosure
    • Enforceable action
    • SMA

    7 July 2005

    Braemar Lodge 2004 Ltd. - Undertaking

    Braemar Lodge 2004 Limited offered participatory securities for subscription in conjunction with individual unit titles under the Unit Titles Act 1972 without a registered prospectus, investment statement or deed of participation. Braemar and the directors(Neil Gurdjieff Dougan, Ernest Ross Thomson) were, at the time of the offer, unaware that the offers had been made in contravention of the Securities Act 1978. Read more.

    https://www.fma.govt.nz/news-and-resources/cases/braemar/

    • Disclosure
    • Enforceable action
    • SMA

    7 July 2005

    Alpine Pacific Developments Ltd. - Undertaking

    Alpine Pacific Developments Limited has offered participatory securities for subscription in conjunction with individual unit titles under the Unit Titles Act 1972 since December 2004. It has done so without a registered prospectus, investment statement or deed of participation. No allotments of the securities have yet occurred. Alpine and the directors(Neil Gurdjieff Dougan, Ernest Ross Thomson) were, at the time of the offer, unaware that the offers had been made in contravention of the Securities Act 1978. Read more.

    https://www.fma.govt.nz/news-and-resources/cases/alpine/