Archive for September, 2014

MARKET CLOSE: NZ shares fall; Meridian, Genesis decline

Article – BusinessDesk

Sept. 30 (BusinessDesk) – New Zealand shares fell on the last day of quarter as investors locked in profits from a 2.2 percent gain over the period. Meridian Energy and Genesis Energy paced the day’s decline. Read more »

Mega listing deadline given another extension

Article – BusinessDesk

Sept. 30 (BusinessDesk) – The proposed backdoor listing for file storage and encryption firm Mega has been given another deadline for regulators to go through documents outlining the offer to shareholders of TRS Investments, the proposed vehicle for … Read more »

Recall of Macro Almond Spread 250g

Press Release – Countdown

Tuesday, 30 September 2014: Countdown has issued a recall of Macro Almond Spread 250g sold in Countdown, FreshChoice and SuperValue stores nationwide. Read more »

Timber processor fined for crush injury

Press Release – WorkSafe NZ

Forestry and timber processing company, Juken New Zealand Limited, was fined $57,000 and ordered to pay reparations of $12,000 today after an employee was seriously harmed when his finger was caught in a timber veneer dryer. Read more »

EPA hazardous substances poster wins award in San Francisco

Press Release – Environmental Protection Authority

A poster presented by two members of the hazardous substances applications team from the Environmental Protection Authority (EPA) won first equal at an international conference held in San Francisco. Read more »

Update – Motor vehicle crash on SH1 at Waikuku

Press Release – New Zealand Police

Police can confirm that a 19 year old man has been flow to Christchurch Hospital in a critical condition following a three-vehicle crash on SH1 outside the Waikuku Z Service Station at approximately 3.30pm today. A mother and young child and another … Read more »

Proud to Contribute ‘Lion’s Share’ of Economic Activity

Press Release – Carnival New Zealand

Cruise industry leader Carnival New Zealand today welcomed new figures highlighting a record cruise contribution to the national economy with forecasts for even further growth. Read more »

China approval to manufacture retail-ready infant formula

Press Release – Synlait

Synlait Milk is now a registered manufacturer of retail-ready infant formula for export to China, following approval from the Certification and Accreditation Administration of the People’s Republic of China (CNCA). Read more »

Local Company Launches ‘Greenpages’

Press Release – Greenpages

Since it launched its online green directory in August, a small local company has received overwhelmingly positive feedback from businesses looking for an alternative to other costly directory services. Read more »

Synlait Milk gets Chinese infant formula accreditation

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Synlait Milk, which plans to take a quarter-stake in Sichuan New Hope Nutritional Foods Co to gain a direct interest in a Chinese infant formula brand, has been granted accreditation to manufacture retail-ready infant formula … Read more »

NZ dollar heads for 11% slump in Sept quarter

Article – BusinessDesk

Sept. 30 (BusinessDesk) – The New Zealand dollar is heading for an 11 percent slump in the September quarter as global demand for the greenback has rallied on the prospect of rising US interest rates next year, and as the Reserve Bank of New Zealand confirmed … Read more »

Asia Pacific M&A Exceeds 2013 Annual Volume

Press Release – Thomson Reuters

The value of announced M&A deals involving Asia Pacific companies, excluding Japan, totaled US$552.6 billion so far this year and surpassed the annual volume in 2013 (US$542.9 billion). Read more »

Annual Report for the year ended 30 June 2014

Press Release – Lyttelton Port Company

The Lyttelton Port Company Limited Annual Report for the year ended 30 June 2014 is now available via the following link: Read more »

Skope Industries Wins at Coca Cola Amatil Awards

Press Release – Skope

When it comes to helping Coca Cola Amatil (CCA) get more value out of the products and services it purchases, no-one knows how to rise to the challenge and exceed expectations better than Christchurch-based SKOPE Industries (SKOPE). Read more »

Next Capital’s Vitaco the latest to settle MCN tax dispute

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Vitaco Health Group, the food supplements business majority owned by Australian private equity firm Next Capital, has cut a deal with the Inland Revenue Department which will see it give up $29.9 million of tax losses generated … Read more »

Air NZ’s Luxon defends domestic regional air fares

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Air New Zealand chief executive Christopher Luxon has defended its pricing on domestic regional routes, saying it’s one of only a few airlines in the world servicing as many smaller towns as it does, and that such routes are often … Read more »

Auckland Airport welcomes China Eastern Airlines to NZ

Press Release – Auckland Airport

Auckland Airport and China Eastern Airlines are delighted to announce a new seasonal Shanghai to Auckland service, scheduled to commence in December 2014. Read more »

REANNZ demonstrates cutting-edge telemedicine technology

Press Release – REANNZ

REANNZ is demonstrating cutting-edge telemedicine technology using its newly established world-first 100Gbps research network across the Pacific as part of the global REANNZ-hosted GLIF gathering in Queenstown this week (26-30 September). Read more »

Kiwifruit Claim Class Action against the Government

Press Release – New Zealand Kiwifruit Growers

New Zealand Kiwifruit Growers Incorporated (NZKGI) became aware of The Kiwifruit Claim class action against the Government this afternoon (Monday 29 September 2014). Read more »

Dunedin Venues Management Ltd results show increased profit

Press Release – Dunedin Venues Management Ltd

Revenue increased to $9.1 million (up from $8.23 million) Operating profit increased by 10.3% to $2.7million In the year end results to June 30 2014, Dunedin Venues Management Ltd, operator of Forsyth Barr Stadium and the Dunedin Centre, produced … Read more »

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