Turners shareholders plan to sell in disgust at capital raising: NZSA
Unanswered questions: Why the rush to placement, why the deep discount, why pay for underwriting?
Jenny Ruth
Fri, 15 Sep 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The New Zealand Shareholders’ Association says it has heard from some Turners Automotive Group shareholders who are so disgusted by the way the company has gone about its up to $30 million capital raising that they plan to sell their shares.
Turners announced on Wednesday it was raising $25
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Subscribe Now
Monthly Premium Online Subscription
NZ$49.95 / monthly
Subscribe Now
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Subscribe Now
Yearly Premium Online Subscription
NZ$499.00 / yearly
Subscribe Now
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Subscribe Now
Yearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Subscribe Now
Individual
Group membership
NBR Marketplace
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Jenny Ruth
Fri, 15 Sep 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.