Christchurch Casino Limited - 2004-01-11
On 6 January 2004, Mr Barry Thomas issued a statement concerning Christchurch Casino Limited. That statement had not been referred to the Christchurch Casino board, and appears to have been issued by Mr Thomas in his personally.
The statement raises a proposed share issue to "help fund the intended buyback by Christchurch Casino of the stake held by the UK company Aspinalls".
Aspinall has no intention of participating in a buyback by Christchurch Casino of its shares in Christchurch Casino. Christchurch Casino has no right to require such a buyback to take place.
Read the full story at Scoop.co.nz