A2 Milk Co changes requirements for NZ directors ahead of ASX listing

Tue, 27 Jan 2015

By Fiona Rotherham Jan. 27 (BusinessDesk) - Shareholders of The A2 Milk Company, the milk marketing company, have approved a new constitution which allows a reduction in the minimum number of New Zealand-resident directors ahead of a planned dual listing on the ASX this quarter. Approval from at least 75 percent of shareholders was required to pass the resolution at a special meeting in Auckland today that took just five minutes from beginning to end. The Auckland-based company is now only required to have two rather than three directo...
PATTRICK SMELLIE: What do the Nats do now?
Pattrick Smellie | Tue, 14 Jul 2020

Todd Muller's only job as National Party leader was to lose the election better than it seemed Simon Bridges was destined to do. Whoever replaces Muller has an even simpler task: save as much of th...

Listed Companies
Huljich family sells 25% of Pushpay stake
Dan Brunskill | Tue, 14 Jul 2020

The Huljich family has sold a quarter of its cornerstone stake in Pushpay Holdings, one of the rising software company stars. The 14.4 million shares were sold for $123.8 million, or $8.60 per shar...

Housing market rebounds sharply; caution required
Jenny Ruth | Tue, 14 Jul 2020

The housing market bounded out of lockdown last month with sales volumes the highest for June in four years and prices nationally up 8.6 percent from a year earlier. The Real Estate Institute's lat...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.