THL Starts its Restructuring Process

  • May 26, 2020 NZST
  • Team Kalkine
THL Starts its Restructuring Process

Tourism Holdings Limited (NZX: THL) has started its consultation process throughout parts of its NZ business, with the aim of fitting crew numbers to present activity levels and anticipations for the coming months.

  • About 140 people are expected to be impacted by the proposed changes in these businesses;
  • The consultation process will involve employees from Waitomo, Kiwi Experience, and group support.

At NZST 01:35PM, the stock was trading at $1.470 per share, up by 5.00% from its previous close.

 


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