The Napier Port’s trading discount to Port of Tauranga is ‘unjustified’, Forbar says.
NZX-listed software company will also list its shares on the ASX as a condition of the deal.
The company’s proposed long-term incentive plan sets more achievable targets its executives need to hit to receive $2.5m worth of bonuses.
Executive chair Roger Gower said he wants to grow the company to profitability and revenue north of $100m.
Banks ironically the largest non-bank lenders in the country, Lyn McMorran says.
Utilities-based software company intends to undertake a placement for institutions, followed by a share purchase plan.
While the copper tariffs will impact the two global miners, Australia will be more directly affected by the prospect of 200% tariffs on pharmaceuticals.
ACC buys up $6.7 million worth of Tourism Holdings shares, after previously selling down.
Acquisition ‘a natural progression’ of wholesale distribution deal.
Several senior executives have left the company since the new board was formed in March.