KMD held above its deeply discounted offer price in its trading return.
The skincare and supplements company confirmed capital raise and King Honey intentions.
Shareholders had concerns about board diversity issues, director independence, and possibility NZ’s largest seafood company would fall out of NZX50.
Last month US manufacturer and food technology company Bettcher Industries made a bid for the company.
Barrister Anita Killeen follows Simon McArley onto finance company's board.
NZX-listed tech company form independent committee to consider offer from unnamed party.
Investor Mike Daniel, who owns more than 6% of the tech company, wants a more active pursuit of a potential takeover bid at $1.70 a share.
The company walked away from a highly conditional offer to acquire the company’s shares for $1.70 in September. Shareholders want more 'colour' on this deal.
A quarter of ASX-listed Kiwi biotech’s shareholders have already undertaken to accept A$1.15 offer.
Airline indicated lower demand on short-haul routes, which analysts predict may spread to long-haul.
