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Regional Express cops $66,000 fine but says it did no wrong – NEWS.com.au
Regional Express cops $66,000 fine but says it did no wrong
Regional Express has agreed to pay a fine to the corporate regulator but maintains it has done no wrong. In a statement to the Australian Stock Exchange, the country carrier said it had agreed to cough up $66,000 for failing to lodge information to the market about its planned expansion into major metro domestic travel.
The Australian Securities and Investments Commission slapped Rex with the penalty after deputy chairman John Sharp publicly announced the expansion of the airline’s network before…
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