The specialist property investor has announced a $220m capital raise to buy out its management contract.
Trigger for $700m capital raise was resolution of Iplex crisis, not disappointing bids for residential assets, says incoming CEO.
New York-based hedge fund Ampfield Management has reduced its holding in the transport tech company.
Cash will pay down debt and reduce pressure to sell assets, company said.
Exchange says work on rebrand planning began some years ago, but design and implementation only kicked off this year.
Analysts at Forsyth Barr drop recommendation to ‘neutral’ from ‘outperform’.
One analyst sees an 80% chance of ComCom approval for Contact’s Manawa buy, another sees 50%. Both see political point scoring as the main risk.
What’s causing a rapid upsurge in the cancer diagnostic company’s share price over the past week?
Company tells shareholders its brand is strong and resilient – with upside potential – despite some negative Google reviews.
Special meeting approves crucial $217.8m share issue to Bright Dairy and A2 Milk.
