Former interim CEO John Journee has been appointed as the retailer’s next chair, replacing Joan Withers, who says the board has been through ‘crucible of pain’.
NZX-listed technology and manufacturing company backs bid at $1.70 a share, a 87% premium to last closing price.
Three of the company’s directors have already subscribed for $1m worth of notes that will pay 15% per annum.
NZX-listed software company needs to break even quickly after nChain capital injection ‘delayed’.
The NZX-listed trade software company has hit a rocky patch with a deal with nChain stymied.
Labour’s aim of raising $10b was ‘aspirational’, but NZ is providing some of the best deal flows in renewables, global fund manager says.
The increasing competitiveness of Port of Auckland has lowered Forsyth Barr's medium-term expectations for the company.
Proposed joint venture would multiply the Te Rere Hau windfarm’s power output but rewards for its retail shareholder base are less clear.
Local iwi and hapu are challenging Port of Tauranga in the Environment Court on its bid to dredge the harbour to extend its wharf.
Board peppered with questions about its compliance failures and investigations.