Business Scoop


UPDATED: Wrightson shareholder Agria settles US fraud

Article – BusinessDesk

Dec. 11 (BusinessDesk) – PGG Wrightson’s cornerstone shareholder Agria Corp and its executive chair Alan Lai have settled with US authorities over claims the agriculture investment firm hid losses from investors through fraudulent accounting and overstated … Read more »

Judgment: Murren v Schaeffer

Press Release – New Zealand High Court

Judgement is entered in favour of Mr Murren for USD 1,600,813.92 plus interest and USD 700,406.96 plus interest for Mr Lee. Read more »

Hallenstein Glasson finds the going tough

Article – BusinessDesk

Hallenstein Glasson Holdings says its finding the going tough despite its sales for the first 17 weeks of the financial year being 4.8 percent ahead of the same period last year. Read more »

NZ shares to rise after key bogeymen vanquished, for now

Article – BusinessDesk

Dec. 3 (BusinessDesk) – Expect share markets both in New Zealand and around the world to rally today after two of the bogeymen spooking investors have abated, at least for now. Read more »

A2 Milk CEO not worried by action by US producer group

Article – BusinessDesk

Nov. 20 (BusinessDesk) – A2 Milk Co chief executive Jayne Hrdlicka is not concerned about a bid by the US National Milk Producers Federation to haul it over the coals for allegedly making false advertising claims there. Read more »

NZX and SIA say no capital gains tax on retail shares

Article – BusinessDesk

Nov. 19 (BusinessDesk) – Imposing a capital gains tax on investment in New Zealand shares runs the risk of discouraging direct retail investment, damaging the nations capital markets. Read more »

Economist Shaun Twaddle wins Emerging Director Award

Press Release – Institute Of Directors

Wellington economist Shaun Twaddle wins Emerging Director Award Economist Shaun Twaddle has won the Institute of Directors Wellington Branch Emerging Director Award 2019. IoDs Wellington Branch members Dave Frow, Karen Coutts and Jackie Lloyd … Read more »

KiwiSaver members’ attitudes to responsible investing

Press Release – Kiwi Wealth

KiwiSaver members attitudes to responsible investing are changing, according to large-scale survey The results of a comprehensive survey of Kiwis attitudes on responsible investing in KiwiSaver has been released today by Kiwi Wealth. A total … Read more »

NZX trading activity climbs in October

Article – BusinessDesk

NZX trading activity rose in October, though the average on-market trade size slid as did the value of debt and equity transactions. Read more »

Update on Indicative Proposal from KKR

Press Release – MYOB

MYOB Group Limited (MYOB or Company) advises that, further to its ASX announcement dated 8 October 2018, it has determined to grant information access to KKR & Co. L.P. (KKR), subject to entry into a confidentiality agreement … Read more »

Chorus focused on single-visit connections for customers

Article – BusinessDesk

Nov. 1 (BusinessDesk) – Chorus wants to have half its customers connected in just one visit by Christmas, as part of a wider programme it says will make life easier for its users. Read more »

Super Fund’s 15th birthday

Press Release – New Zealand Government

Todays celebration of the New Zealand Super Funds 15th anniversary is an opportunity to reflect on why the Fund was created, and why it was important that the Coalition Government resumed contributions, Finance Minister Grant Robertson says. Read more »

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