Lock-up Agreement Ahead of Takeover Offer for Lyttelton Port

Press Release – Christchurch City Holdings Limited

Christchurch City Holdings Limited (CCHL) today announced it has entered into a lock-up agreement with Port Otago Limited (Port Otago), a 15.48% shareholder in Lyttelton Port Company Limited (LPC). Port Otago has agreed to accept, in respect of its LPC … Read more »

Oji cleared to acquire Carter Holt Harvey Pulp & Paper

Press Release – Commerce Commission

The Commission has given clearance for Oji Oceania Management (NZ) Limited (Oji) to acquire up to 100% of the shares in Carter Holt Harvey Pulp & Paper Limited from Carter Holt Harvey Limited. Read more »

Shanghai Pengxin Group invests in Taupo farm

Press Release – Anthem

Shanghai Pengxin Group invests in Taupo farm through local subsidiary Pure 100 Farm Limited, a local subsidiary of Shanghai Pengxin Group has signed a Sale and Purchase Agreement for Lochinver Station in the Central North Island. The Central Plateau … Read more »

Airport pricing gets ministers’ attention

Press Release – Board ofAirline Represenatives New Zealand Inc

John Beckett, executive director of BARNZ (the Board of Airline Representatives NZ), says that is exactly where airport landing charges and terminal charges should be examined. Read more »

Hellaby Announces Retail Goodwill Impairment

Press Release – Hellaby Holdings

Investment company Hellaby Holdings today announced that it will write down the full $26.9 million value of goodwill in its Footwear retail subsidiaries Hannahs and Number One Shoes, effective 30 June 2014 Read more »

Wellington’s Lag as New Zealand’s Capital City Woeful

Press Release – Property Council Of New Zealand

Property Council Wellington is extremely concerned with the decision to axe the Basin Reserve Project. An independent Board of Inquiry has declined resource consent for the New Zealand Transport Agencys (NZTAs) $90 million flyover project which … Read more »

Peer to Peer Lending Platform Harmoney Announces Full Board

Press Release – Harmoney

Peer to peer lending platform Harmoney today announced the appointment of its full board of directors. This follows the announcement in May of former GPG Chairman Rob Campbell as Harmoney Chairman. Read more »

Award winning creative director joins Designworks NZ team

Press Release – designworks

In response to accelerated growth Designworks part of STW – has appointed award winning creative Kerry Argus to the position of Design Director, Designworks Christchurch. Kerrys appointment is effective immediately. Read more »

Feedback sought on airport information disclosure

Press Release – Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment (MBIE) today released a consultation paper inviting feedback on the regime that requires major airports to make their performance and financial information publicly available. Read more »

Chorus VDSL plans a concern, but no surprise

Press Release – Conversant

The recent proposal by Chorus for significant changes to the regulated unbundled bitstream access (UBA) services it offers, is both concerning, yet not surprising. Read more »

Libertine Pictures and Australian producer Prospero partner

Press Release – Joint Press Release

Libertine Pictures and Prospero Productions today announced a trans-Tasman partnership that will see the production of new documentary, factual and drama programming in New Zealand and build on the success of Prosperos existing factual formats. Read more »

Australian company Taylors Wines takes on New Zealand

Press Release – Taylors Wines

Taylors Wines is seeing early results from its investment in the New Zealand market, with a strong sales increase in the first quarter of its new distribution company. Read more »

Buckley Systems Repositions for Flexible Future

Press Release – Buckley Systems

High-tech Kiwi manufacturer, Buckley Systems Ltd, today announced it has prudently made changes to its business operations to become more flexible in the face of developing market trends. Read more »

NZTech announces three new board members

Press Release – New Zealand Technology Industry Association

The countrys technology industry association has elected three new members to its board at their latest AGM in Auckland. New Zealand Technology Industry Association (NZTech) promotes the technology industry’s role in accelerating economic and social … Read more »

Foss welcomes first crowd-funding licence

Press Release – New Zealand Government

Commerce Minister Craig Foss today welcomed New Zealands first equity crowd-funding and peer-to-peer lending licences. Read more »

Consulting on guidelines about unfair contract terms

Press Release – Commerce Commission

The Commerce Commission has today released draft guidelines on the new provisions of the Fair Trading Act dealing with unfair contract terms. The unfair contract terms provisions were part of recent amendments to New Zealands consumer law and will … Read more »

Flavell: Foreign Charter Vessels Amendment Bill

Speech – The Maori Party

Thank you very much. I am pleased that the House has got a little bit of time just before we close off business. I wanted to make a statement on behalf of the Mori Party, in particular around our influence in the Fisheries (Foreign Charter Vessels … Read more »

Atlas Copco granted clearance to acquire Ash Air business

Press Release – Commerce Commission

The Commission has granted clearance to Atlas Copco South Pacific Holdings Pty Limited (Atlas Copco) to acquire the businesses operated by four Lancaster Group Limited subsidiary companies: Ash Air (N.Z) Limited, Ash Air Oil & Gas Limited, mbar 2011 … Read more »

Waikato-Tainui marae to receive $15 million top up

Press Release – Waikato Tainui

Waikato-Tainui Te Kauhanganui marae are set to receive a one-off grant worth more than $15 million. Following the call from Te Kauhanganui, sixty-six marae will receive a base grant of $150,000 and an additional per capita grant based on the Waikato-Tainui … Read more »

Record entry for Hirepool Construction Excellence Awards

Press Release – Hirepool Limited

Projects ranging from a skate park and a farm bridge to multi-million dollar power station and expressway projects are among finalists in the 2014 Hirepool Construction Excellence Awards. Read more »

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