Stock Takes: Shareholders' Association will fight 'unprecedented' de-listing of QEX Logistics 23 Apr, 2021 05:40 AM 4 minutes to read Tony Falkenstein, chair and chief executive of Just Life Group. Photo / Brett Phibbs NZ Herald The NZ Shareholders' Association will vote proxies against the de-listing of QEX Logistics (QEX) in any upcoming vote of shareholders. The association believes the move by the company is unprecedented on the NZX. NZSA believes the future of the company is best decided within the transparency provided by a public listing and the accountability provided by the NZX listing rules, it says. ''The company has stated that it wishes to prepare itself for sale once it de-lists. Should the company de-list, NZSA believes there is an increased risk of further loss of value for shareholders.''