Gentrack extended its slump.
Company had hoped to update shareholders on strategic partnership opportunities at today’s AGM, but couldn’t.
Co-founders Eugene Williams and David Sena strike a deal over 30% holding.
Transport heavyweight held annual meeting in Auckland this afternoon, revealing broad weakness in June quarter.
UPDATE: Almost 18% of shareholders vote against re-election of interim chair Claire Higgins.
Pacific International Insurance is fully owned by South African insurer Badger International.
Cyclone Gabrielle wrecked key factory, leaving 130 workers now facing voluntary redundancies or redeployment to Whanganui.
The deal brings the Kiwi concern closer to the coveted UK market; will not disrupt its cost-out programme.
Canadian suitor and 18.7% shareholder rejects media speculation higher bid coming although has reserved the right to do so.
Six staff at the NZX-listed port company are set to lose their jobs.
