Boart Longyear opts to stay in Adelaide

DRILLING equipment maker and contractor Boart Longyear has abandoned its plan to re-domicile in British Columbia, Canada – for now.

Boart Longyear opts to stay in Adelaide Boart Longyear opts to stay in Adelaide Boart Longyear opts to stay in Adelaide Boart Longyear opts to stay in Adelaide Boart Longyear opts to stay in Adelaide

Boart Longyear's Australian headquarters near Adelaide Airport

The company put the re-domiciliation to the vote in December but 68.9% of its shareholders said "no".

Boart Longyear had been planning to have an additional vote, however, it scrapped that idea.

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