MPM shares will cease trading at market close on September 26 and cease quotation at close of market on September 29.
Mike Pero Mortgage Holdings, a company jointly owned by Liberty Financial and NZ Finance took full control of the company on September 15 when it become the dominant shareholder with more than 90% of the company.
At that point it has moved to compulsorily acquire all the remaining MPM shares.
Chairman Abigail Foote has resigned from the MPM board from yesterday.
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