Efforts to restructure and cut costs were not enough to offset falling sales and margins for the premium appliance company.
Year of uncertainty ahead, chairman says.
The St Heliers property was worth $11m at the time of sale, argues fund manager.
The company is funding its share by issuing about 2.7 million new shares to the JV partner.
Victims of David Ross’ ponzi scheme have until January 31, 2020 to opt in.
The Darwin Casino sale and increasing costs also affected the result.
Protesters clash with police as departure gates are closed to passengers.
Trump administration backtracks to avoid price rises for Christmas shoppers.
CEOs survey shows Kiwi bosses have micro confidence, macro worries.
Management say it was all about grabbing an opportunity.