November 10, 2019 / 8:38 PM / 3 months ago

New Zealand's Skycity Entertainment says board member overseeing delayed project to resign

(Reuters) - New Zealand casino operator Skycity Entertainment Group (SKC.NZ) on Monday said Richard Didsbury, who had overseen a key convention centre project that was hit by a massive fire last month, is to resign from its board.

The company said in a statement that Didsbury had tendered his resignation to avoid any conflict with his role as chair of the Northern Express Group, a private consortium.

Didsbury had overseen Skycity’s New Zealand International Convention Centre (NZICC) project - the largest underway in New Zealand, with a value of NZ$703 million ($448.65 million) - as chair of the board’s NZICC Committee, the company said.

Skycity warned earlier this month that delays at the project, which was hit by a massive fire in October, may hamper its ability to host conferences in 2021.

Reporting by Shriya Ramakrishnan in Bengaluru; Editing by Jan Harvey

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