Jersey-registered Pinewood Investments has appointed receivers.
The merger of Joylab and Kāpura will create one of the country’s largest hospitality groups.
Investment bank reportedly hired to explore outsourcing of gambling operation.
Phase 1 investigations indicate a $15.7b build cost over seven to nine years.
Dairy co-op reports 50% lift in half-year profit, raises full-year earnings forecast.
In a difficult international environment, VC funds are having trouble raising capital, it said.
Despite a long-running dispute, the winding up of Lakewood General Partner is in the ‘normal course of business’, CEO Charlotte Clarke claims.
The Rainbow Group centres employed 130 staff across New Zealand.
Al Yates’ power retailer sells 100% hydro, wind, and solar power to about 1% of the market – and will double business in next year, he reckons.
KPMG report highlights another strong year in profit for banking sector, to over $7 billion.