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NZSA seeks to amend Rakon's constitution, remove Robinson

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‘Significant concerns’: NZSA on Rakon chair putsch

Investment

Rakon board selects Mark Bregman as new chair
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Rakon seeks satellite ‘springboard’ out of core revenue decline
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Rakon shares rocket on earnings guidance and Chinese customer cut
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NZSA endorses 2 Cheap Cars share sale conditions

Shareholders need to approve buyout of disgruntled major shareholder at annual meeting later this month.

Jonathan Mitchell Mon, 11 Sep 2023
Investment
8

Eroad’s 18.7% shareholder Volaris questions cap raise rationale

Volaris made an unsuccessful bid at $1.30. New shares under capital raise will be issued at 70 cents.

Will Mace Thu, 07 Sep 2023
Investment
4

Eroad launches $50m capital raise

Telematics company will use funds to repay debt and provide headroom for North America strategy.

Will Mace Thu, 07 Sep 2023
Investment
1

DIA discloses SkyCity settlement in 2020

This week’s application to suspend the casino operator’s licence is the second time the regulator has taken such action.

Tim Hunter Tue, 05 Sep 2023
Investment
14

DIA applies to temporarily suspend SkyCity’s NZ casino licence

UPDATE: SkyCity shares down 10% as market opens.

Tim Hunter Mon, 04 Sep 2023
Investment
1

Kiwi Property’s Aurora Centre sale falls through

Terms of sale have not been met for 56, The Terrace, central Wellington.

NBR Staff Fri, 01 Sep 2023
Investment

Auckland Council sells 7% of Auckland Airport’s shares

Council retains just over 11% after sale, which netted nearly $836m.

Will Mace Fri, 01 Sep 2023
Investment

Waterman Capital execs seek more shares in Allied Farmers

Unsolicited offer would take stake to 19.9%.

Tim Hunter Thu, 31 Aug 2023
Investment

MHM Automation’s revenue bolstered by Wyma buy

‘We’ll always keep looking for those acquisitions,’ says CEO Richard Rookes.

Kate McVicar Wed, 30 Aug 2023
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