The chemical company whose head made derogatory comments about prominent chef Nadia Lim is to quit the New Zealand stock exchange.
DGL Group says it has too few New Zealand shareholders to justify being on the local exchange and it will trade only in Australia.
It will leave the NZX at the end of June with New Zealand shareholders transferred to its Australian register.
DGL chief executive Simon Henry was roundly criticised for sexist and racial comments about Lim.
Its board called the comments offensive and unacceptable, but accepted Henry's regret and apology.
Henry's apology to Lim was two lines long, and Deborah Pead, owner of PR firm Pead, who confirmed Lim had received it, said: "In my opinion his acknowledgement adds further insult to injury and one has to wonder why he even bothered".
