Caci Clinic owners appoint Banga on board to lay groundwork for IPO

Fiona Rotherham
Sun, 10 Jul 2016

By Fiona Rotherham July 11 (BusinessDesk) - Fab Group, a skincare and appearance medicine company that includes the Caci Clinic franchise, has appointed former NZ Venture Investment Fund chief executive Franceska Banga to chair its new board ahead of a potential public listing by 2019. The Auckland-based company was founded in 1994 by husband and wife, Jackie and David Smith, and is aiming to have another go at a public listing after a dismal attempt under the Caci Group banner on the NZX's alternative market nearly a decade ago. As a...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Economy the chart
The escalating interest rate outlook
Andy Fyers | Thu, 26 May 2022

Interest rates are rising and so is the Reserve Bank's outlook for how high they will eventually go – and how soon.

Finance
NZ dollar appreciates on RBNZ 50 basis point hike
Ella Somers | Thu, 26 May 2022

The kiwi dollar was trading at US$0.65 and A$0.91 at 5pm in Wellington yesterday, up from US$0.64 and A$0.90 the day before.

Energy
Forget the hydrogen hype: show me the money – Meridian
Ian Llewellyn | Thu, 26 May 2022

There will be no 'If we build it, they will come' mentality in the decision-making process about making hydrogen in New Zealand.

Partner content
Small business lessons for attracting and retaining staff

Employers battling through the ‘Great Resignation’ are now faced with the ‘Great Brain Drain’.

Partner content
People leaders are key to wellbeing but still need help

One in three people say they have experienced an issue with an unsupportive manager