Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Diligent says it won’t meet deadline to file annual report

Diligent says it won’t meet March 31 deadline to file annual report

March 19 (BusinessDesk) - Diligent Board Member Services, which was forced to restate several years of wrongly booked revenue last month, said it won’t meet a March 31 deadline to file its annual report.

The governance app software developer said it expects to deliver its report for calendar 2013 by April 30. Provided it meets that deadline, the NZX has indicated it won’t take any action, the New York-based, NZX listed company said in a statement.

Diligent hired Deloitte & Touche to audit its restated financial statements for 2010, 2011 and 2012 and to audit its 2013 statements. While that allowed the company to report its preliminary full-year results on Feb. 28, Deloitte “still needs to complete both the audit of those financial statements and the audit of the restated financial statements for prior years.”

Diligent confirms that it has disclosed to the market all material information required to be released under its continuous disclosure requirements, it said.

The company’s shares fell 1.1 percent to $4.40.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news