Abano forecasts FY profit growth of at least 60%, urges shareholders to support Janes Abano Healthcare [NZX: ABA], the medical investor embroiled in a dispute with its biggest shareholder, said full-year profit will ri Wed, 11 Jul 2018 StocksAbano Healthcareearnings forecastshareholderBusinessDeskhealthcare providerTrevor Janesboard of directors
Heartland heads off low-ball offers with plan to pick up brokerage on small share parcels Christchurch-based lender sets up share sale plan for investors. Wed, 11 Jul 2018 StocksbankingHeartland New Zealandshareholdermarket and exchangelow-ball share offers
‘Low ball’ offers still find takers, despite regulation, says FMA The Financial Market Authority said complaints about 'low ball' unsolicited offers for stocks and bonds have dropped since new regulations last year, but some investors are still accepting deals at Wed, 11 Jul 2018 FMAshareholderFinancial Market Authoritystock activityregulatory policy and organisationRob Everettlow-ball share offers
TRS shareholder Paul Choiselat mum on support for Mega reverse listing Paul Choiselat, the controlling shareholder of TRS Investments [NZX: TRS], is staying mum on whether he'll agree to a deal to list Kim Dotc Wed, 11 Jul 2018 SoftwareKim Dotcomshareholdermerger or acquisitionMegapaul Choiselat
Royal FrieslandCampina lifts stake in Synlait Milk to 9.999% buying shares at $3.85 apiece Royal FrieslandCampina has lifted its stake in Synlait Milk [NZX: SML] to 9.999 percent from 7.5 percent, adding to an investment that has Wed, 11 Jul 2018 Agriculturegraeme milneSynlait Milkshareholder
Ron Brierley renews interest in Allied Farmers, buying 2.87% stake Ron Brierley has acquired 2.87 percent of Allied Farmers, which is recovering from its disastrous takeover of the Hanover and United Finance loan books, making him the fifth largest investor in the Wed, 11 Jul 2018 Allied FarmersAgricultureSir Ron Brierleyinvestmentsshareholder
Blue Sky Meats strengthens Chinese ties after exporter pays premium for 11% of company Blue Sky Meats has strengthened ties with China, its largest market by volume and value, after two Auckland-based businessmen paid a premium for 11 percent of the unprofitable meat processor. Wed, 11 Jul 2018 Graham Cooneyfood industryinvestmentsshareholderBusinessDeskmanufacturing and engineeringBlue Sky Meats
Airwork looks for $40M Christmas present in latest IPO Aviation services firm Airwork Holdings wants as much as $40 million in the last float before Christmas, which it will put towards funding operations, buying back shares from controlling shareholde Wed, 11 Jul 2018 shareholderBusinessDeskmanufacturing and engineeringair transportfinancing and stock offeringstock flotationAirwork HoldingsChris Hart
Abano shareholder lobbied directors in bid to oust chairman Janes, letter shows Abano Healthcare's [NZX: ABA] biggest shareholder and former director Peter Hutson lobbied directors as early as last August to su Wed, 11 Jul 2018 Abano HealthcareshareholderBusinessDeskmerger or acquisitionhealthcare providerTrevor Janes
Summerset seeks to boost directors’ fee pool by 50% as board gets rejig Summerset Group [NZX: SUM], the retirement village operator and developer, will ask shareholders for a 50 percent bump in the directors' Wed, 11 Jul 2018 real estateretirementSummerset GroupshareholderBusinessDeskannual and special corporate meetingJulian Cook