Investment analysts and portfolio managers look into their crystal balls to predict the best-performing stocks for the year ahead.
Eligible institutional investors took up 95% of their entitlements to raise $542 million.
The experienced director is chair of Meridian Energy and Summerset Group.
An updated restructure proposal was shared with staff but not released publicly.
Share price has now declined more than 90% over the last 12 months. The company today warned its full year result was likely to disappoint.
Insurer counting the cost of this year’s severe weather events.
CEO David Mair promises a better six months ahead boosted by new initiatives and lower inventory.
The proceeds from its $902m capital raise would go towards paying off foreign debt, but it comes with a $134m penalty fee.
The delayed motorway, due to complete last August, is going through the handover process, says CEO.
Lack of regulation makes New Zealand market unattractive, says casino operator.
