Utilities-based software company intends to undertake a placement for institutions, followed by a share purchase plan.
Farming supplies group makes a cautious return to dividends.
Scheme to buy out minority shareholders at $5.60 a share.
Electricity generator and retailer announces dividend increase. Retail prices to rise an average 9.7% from April.
UPDATE: NZ Reg Co suspends trading in the company's shares on Tuesday morning.
The New Zealand market continues to perform poorly for the dual-listed jewellery company.
The company announced a massive capital raise this morning to reset its balance sheet for the second time in as many years.
As well, last month's takeover offer deemed ‘too low’ and ‘inadequate’, say independent directors.
Rapid pace of the global rollout, as the jewellery company approaches 1000 stores, has investors concerned about growing pains.
The company said demand was at levels last seen in the 1990s.
