KMD held above its deeply discounted offer price in its trading return.
Discussions regarding capital raise and refinancing remain ongoing, dual-listed retailer says.
Infratil touches four-month high on earnings upgrade for CDC data centre unit.
The NZX-listed horticulture company has been looking at its strategic options since last July.
The plan revived investors’ appetite for riskier assets and took the wind out of elevated oil prices.
The dual-listed retailer had been due to release results today but delayed, then said it needed to raise capital.
The NZX- and ASX-listed retailer was set to report interim earnings this morning.
Chair David Kirk says combining multiple surf brands that directly compete with each other ‘is not a strategy that has proven effective’.
Fonterra was a standout as the dairy giant delivered a solid first half.
The ongoing terminal integration project means less space inside the terminal as check-in counters are replaced by self-service kiosks.