F&P Healthcare overturns ResMed court action in Germany

Article – BusinessDesk

Dec. 2 (BusinessDesk) – Fisher & Paykel Healthcare, which is battling rival ResMed over intellectual property for face and nasal masks, has succeeded in overturning the second of two preliminary injunctions against it in Germany, allowing the company … Read more »

Timetable and Progress to New Zealand and Australia IPO

Press Release – Arria NLG

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 (“MAR”) Read more »

Property For Industry portfolio lifts 9% in value

Article – BusinessDesk

Dec. 2 (BusinessDesk) – Property For Industry, the commercial property investor, expects its portfolio to lift 9 percent in value this year amid high demand. Read more »

NZOG board recommends sale of Kupe stake

Article – BusinessDesk

Dec. 1 (BusinessDesk) – New Zealand Oil & Gas has recommended shareholders support the proposed sale of the energy explorer and producer’s stake in the Kupe oil and gas field, after an independent appraisal report deemed the offer was fair. Read more »

End of the beginning for the new financial services regime

Press Release – Financial Markets Authority

A decade in the making, today marks the beginning of a new era in the regulation of New Zealands financial markets. The introduction of a stronger regime overseeing financial markets, based on the good conduct of providers, has been in train since … Read more »

Westland shareholders elect two new directors

Press Release – Westland Milk Products

Well known West Coast dairy advocate Katie Milne and Canterbury Dairy Farmer Sven Koops have been elected to Westland Milk Products Board of Directors by shareholders, it was announced at the co-operatives annual general meeting today (Wednesday … Read more »

Cavalier shares halted pending Appeal Court judgment

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Cavalier Corp shares were halted from trading as the New Zealand carpet maker awaits the outcome of an appeal against a High Court ruling which gave the green light to the merger of its wool scouring operations. Read more »

NZ Windfarms looks to maiden dividend

Article – BusinessDesk

Nov. 29 (BusinessDesk) – The revitalised board of struggling electricity producer New Zealand Windfarms is exploring ways to pay a maiden interim dividend in the current financial year, the new chairman Rodger Kerr-Newell told shareholders at the annual … Read more »

Building boom powers Bunnings NZ bumper annual profit

Article – BusinessDesk

Nov. 29 (BusinessDesk) – Bunnings, the home improvements product chain owned by Australian Wesfarmers, has more than doubled annual net profit in New Zealand for the second year in a row as it benefits from a construction boom stimulating demand for building, … Read more »

Chairman Urges Fonterra Farmers to Participate

Press Release – Fonterra Shareholders’ Council

Fonterra Shareholders Council Chairman, Duncan Coull, is urging the Co-operatives Farmer Shareholders to get behind the new Elections process and with voting closing at 10:30am on Tuesday, 6 December he is putting the onus on them to elect to the … Read more »

Shareholders pleased with Synlait’s strong FY16 performance

Press Release – Synlait Milk Ltd

Synlait Milks (NZX: SML; ASX: SM1) Annual Meeting of Shareholders today highlighted their record FY16 profit of $34.4 million showed their value added strategy is successful. Read more »

Celebrity chef develops TRUE-ly delicious summer recipe

Press Release – My Food Bag

Nic Watt, chef restaurateur of TRUE Food Bistro and SKYCITYs MASU by Nic Watt , has once again teamed up with My Food Bag, offering a chicken recipe for My Gourmet Bag customers. Read more »

Zespri shares up 10% on SunGold licencing announcement

Article – BusinessDesk

Nov. 28 (BusinessDesk) – Zespri shares have jumped 10 percent in response to the kiwifruit marketer’s announcement that it will sell licences for another 400 hectares of the SunGold variety next year, with a further 400ha to be released in 2018, 2019 … Read more »

OceanaGold to delist from NZX to trim compliance costs

Article – BusinessDesk

Nov. 28 (BusinessDesk) – OceanaGold Corp, owner of New Zealand’s biggest gold mine at Macraes, is to delist from the NZX at the end of the year to reduce compliance costs, leaving its shares to trade on the ASX and the Toronto Stock Exchange. Read more »

Enprise Group reports strong half year revenue and profit

Press Release – Enprise

AUCKLAND, 28 November, 2016 – Enprise Group (NZAX: ENS) today reported strong year-on-year growth in revenue and profit for the half-year to September 30, 2016. Read more »

Hellaby shares trade below takeover price

Article – BusinessDesk

Nov. 24 (BusinessDesk) – The war of words between Australian autoparts company Bapcor and its takeover target, Hellaby Holdings, is continuing, with Hellaby’s independent chairman writing to shareholders accusing it of attempting to discredit the independent … Read more »

Hellaby Board avoids valuation issues raised by Bapcor

Press Release – Bapcor Limited

24 November 2016: Bapcor is underwhelmed by Hellabys failure to address the substance of its letter to Hellaby shareholders, criticising Grant Samuels valuation of Hellaby in favour of a cursory dismissal and denial. Read more »

Letter to Shareholders – Bapcor offer

Press Release – Hellaby Holdings

Hellaby Holdings Limited (NZX:HBY) is today sending a letter to Hellaby shareholders in response to correspondence from Bapcor Finance Pty Limited. A copy of the letter is attached. Read more »

Pacific Edge first-half loss widens

Article – BusinessDesk

Nov. 24 (BusinessDesk) – Pacific Edge reported a wider first-half loss as the bladder cancer test company hired more salespeople in the US and spent more on research, sales & marketing. Read more »

Challenging year ahead on earthquake damage for Foley Wines

Forecast – BusinessDesk

Nov. 23 (BusinessDesk) – Foley Family Wines, which operates through brands including Vavasour and Martinborough Vineyard, has warned investors of a challenging period ahead, partly as a result of the Kaikoura earthquake. Read more »

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