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Shareholders stories

CSC to acquire UXC in $428 million deal
IT services

CSC to acquire UXC in $428 million deal

CSC is in negotiations to acquire UXC in a $428 million deal which would create one of the region's largest IT services companies.

By Heather Wright • 2 min read • Tue, 6th Oct 2015
Mako Networks debts top $30 million; $25m deficit expected
Physical Security

Mako Networks debts top $30 million; $25m deficit expected

​Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.

By Heather Wright • 3 min read • Wed, 9th Sep 2015
Liquidators of China milk exporter may claw back $145,200 from Chinese directors
Inland Revenue Department

Liquidators of China milk exporter may claw back $145,200 from Chinese directors

Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.

By Pattrick Smellie • 2 min read • Tue, 14th Apr 2015
Chatham Rock proposes reverse listing wider mandate
NZAX

Chatham Rock proposes reverse listing wider mandate

Chatham Rock Phosphate, which was turned down for a consent for seabed mining, has proposed a deal with associate Aorere Resources which would turn Ch.

By Pattrick Smellie • 2 min read • Thu, 2nd Apr 2015
Windflow narrows 1H loss, says new financing needed
Licensing

Windflow narrows 1H loss, says new financing needed

Windflow Technology, the unprofitable wind turbine manufacturer, narrowed its first-half loss but says it will need to borrow from its shareholders an.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015

Stories from Other Regions

Shareholders stories

Mega's legal guns shoot down claims of 'content theft'
Marketing Technologies

Mega's legal guns shoot down claims of 'content theft'

Mega, the file storage firm, has hit back at claims it profits from 'content theft' in a report calling the allegations 'defamatory'.

By Pattrick Smellie • 2 min read • Fri, 15th May 2015
Pushpay to raise $13.8 million from shareholders
Payment Technologies

Pushpay to raise $13.8 million from shareholders

NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.

By Pattrick Smellie • 2 min read • Thu, 23rd Apr 2015
MARKET CLOSE: NZ shares fall led by Meridian; Fliway drops on debut
Supply Chain

MARKET CLOSE: NZ shares fall led by Meridian; Fliway drops on debut

New Zealand shares dipped, driven by Meridian's installment payment concerns, while newcomer Fliway Group fell below its offer price on its debut.

By Pattrick Smellie • 3 min read • Thu, 9th Apr 2015
Nuplex beefs up investment plans across Asia
Nuplex Industries

Nuplex beefs up investment plans across Asia

Nuplex Industries, the specialty chemicals manufacturer, is exploring more investment opportunities across Asia, having shifted its businesses away fr.

By Pattrick Smellie • 2 min read • Thu, 9th Apr 2015
Fonterra says its holding its own in Canterbury as farmer suppliers look to new processors
Fonterra

Fonterra says its holding its own in Canterbury as farmer suppliers look to new processors

Fonterra Cooperative Group, New Zealand's largest dairy processor, says it's holding its own in the dairy-intensive Canterbury region, despite reports.

By Pattrick Smellie • 4 min read • Tue, 31st Mar 2015
Kirkcaldie taps former chief Shewell as acting CEO while hunting Milford replacement
Shares

Kirkcaldie taps former chief Shewell as acting CEO while hunting Milford replacement

Kirkcaldie & Stains, the upscale Wellington department store, named former managing director Philip Shewell as acting chief executive while it searche.

By Pattrick Smellie • 2 min read • Tue, 31st Mar 2015
Failed Feltex case costs litigation funders $3.1M in costs, before disbursements
Lawsuit

Failed Feltex case costs litigation funders $3.1M in costs, before disbursements

Former directors of Feltex Carpets and promoters of its 2004 initial public offering have been awarded a scaled-up $3.

By Pattrick Smellie • 3 min read • Fri, 27th Mar 2015
NZOG says acceptances in Cue takeover lift holding to 27%, close to target
Shares

NZOG says acceptances in Cue takeover lift holding to 27%, close to target

New Zealand Oil and Gas said acceptances under its hostile takeover offer for ASX-listed Cue Energy Resources lift its interest in the target company.

By Pattrick Smellie • 3 min read • Fri, 13th Mar 2015
UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Capital

UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share

Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015
Gentrack affirms 2015 profit guidance, looking at acquisitions
Gentrack

Gentrack affirms 2015 profit guidance, looking at acquisitions

Gentrack Group, which develops utilities and airports software, affirmed its annual profit guidance and said it is looking at potential acquisitions.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015
UPDATE: Fonterra Shareholders' Council relieved at dairy forecast being maintained
Westpac

UPDATE: Fonterra Shareholders' Council relieved at dairy forecast being maintained

Farmers will be relieved at today's decision by Fonterra Cooperative Group, the world's largest dairy exporter, to maintain its forecast payout to fa.

By Pattrick Smellie • 4 min read • Thu, 26th Feb 2015
Energy Mad to raise $2.24M in rights issue at 13% discount
NZX

Energy Mad to raise $2.24M in rights issue at 13% discount

Energy Mad aims to secure £2.24m for expansion, offering shareholders cut-rate rights issue amid growth plans.

By Pattrick Smellie • 1 min read • Wed, 25th Feb 2015
Steel & Tube posts 35% gain in first-half profit on uplift in construction
Sales

Steel & Tube posts 35% gain in first-half profit on uplift in construction

Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.

By Pattrick Smellie • 2 min read • Thu, 19th Feb 2015