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Labor senator calls for ASIC investigation into Rex

Lucas Baird
Lucas BairdReporter

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A Labor senator has requested that the corporate watchdog investigate whether Regional Express Holdings broke the law by announcing plans to expand with capital city services without informing the ASX.

When Rex exited the trading halt on May 13 shares soared 32 per cent to $1.19.  Andrew Taylor

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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com

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    Original URL: https://www.afr.com/companies/transport/labor-senator-calls-for-asic-investigation-into-rex-20200525-p54w79