Building activity slowed in March quarter.
The New Zealand business posted a small loss amid an ambitious roll-out of new stores.
The capital raise, which is conditional on shareholder approval, will give an Australian firm majority control of the NZX-listed glass company.
Otago gold prospector gets institutional backing in A$60m placement, A$3m to come from retail share purchase plan.
The Rakon director and former boss has hit out at the Shareholders’ Association’s attempt to limit the influence of the company’s large shareholders.
The shareholders' association has added three amendments to the agenda for the Rakon's upcoming AGM.
Joint owners Infratil and NZ Super Fund agree to sell the retirement village operator for A$845m.
Spencer has taken advantage of the company’s soaring share price and pocketed a $600,000 gain on his initial investment.
The company, which boosted its half-year guidance this morning, wants to turn its RadPro system into a platform it can market to other aged care operators.
Fee compression, capital markets headwinds and a sluggish outlook for its wealth platform all weighing on potential, analysts say.