Listed Companies

ANZ Investments to vote against Vital Healthcare restructure

Jenny Ruth
Fri, 27 Mar 2020

ANZ New Zealand Investments has voted against a plan to restructure Vital Healthcare Property Trust and list it on the ASX because the economics don't work for its investors.And Craigs Investment Partners analyst Adam Lilley has said the plan will mean those on 28 percent or higher tax rates will have to pay more tax, something Macquarie analyst Nick Mar has also said.Lilley said in a note published Wednesday that the manager's aim of keeping Vital's gearing at about 40 percent would require "either disposals or raising new equity capital, both...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Red Stag engineers deal with Timberlab
Brent Melville | Tue, 09 Aug 2022

Rotorua-based Red Stag sees the engineered timber group as the glue that will fit the missing pieces of the puzzle together.

Full Page FREE
Register: Prospa webinar – how small businesses can do digital transformation better
Staff reporters | Tue, 09 Aug 2022

The third and final webinar will focus on how small businesses can do digital transformation better and it will go live at midday on Monday, 15 Aug.

The Quiz FREE
QuiznessDesk, Tuesday, Aug 09, 2022
The Quizmaster | Tue, 09 Aug 2022

The wettest month on record has passed, so it's time to enjoy your daily quiz while basking in the sunlight. 

A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).