Craigs Investment Partners has cut its target price for the software provider by 48%.
The wholesale value of honey for the 2023 season was less than the cost to produce it.
After initially insisting securities charges in Singapore would not compromise his duties as chair and director, Lee Joo Hai announces resignation.
Conditional agreement takes infrastructure investor into the geopolitical world of subsea cable development.
Deal involves initial US$160m investment for 80% of PCCW unit Console Connect.
The listed cancer diagnostic company's share price has more than doubled on the news.
Administrators appointed to listed milk processing start-up.
Charges laid in Singapore against PGG Wrightson chair Lee Joo Hai came as a surprise in New Zealand, but they follow one of the country’s biggest corporate scandals.
After saying on Friday charges laid in Singapore against Lee Joo Hai would not compromise his role, the company said today he would step down.
Comvita has bought a significant player in the Singaporean specialist honey sector.