TruScreen's $2M bookbuild extended as CEO hits road to meet investors

TruScreen's $2M bookbuild extended as CEO hits road to meet investors
Rebecca Howard
By Rebecca Howard July 4 (BusinessDesk) - Potential investors in TruScreen want to see chief executive Martin Dillon in person before backing a $2 million capital raising. On Tuesday, the cervical cancer test maker's shares were placed on a trading halt that was due to be lifted today. However, that halt has now been extended until Monday. Dillon says the process is taking longer than initially expected. The bookbuild, being carried out in Auckland, Melbourne, Sydney and Perth, has been extended because of the "geographic diversity and...

More Services

SPQR owes more than $2 million
Services Free

SPQR owes more than $2 million

The first liquidator’s report on iconic Auckland restaurant SPQR shows the business owed more than $2 million to Inland Revenue and other creditors.The Ponsonby Rd establishment was placed into liquidation last Thursday by special resolution of the shareholders and is no longer t...

Staff reporters 18 Jul 2024
Consumers agree on what constitutes fairness: FMA
Finance

Consumers agree on what constitutes fairness: FMA

NZ consumers have a remarkably consistent understanding of fairness, research finds.

Tom Raynel 18 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
Hundreds of ECE centres backtracking on pay parity
Policy

Hundreds of ECE centres backtracking on pay parity

96% of daycares have opted into pay parity, but govt funding doesn't match the costs.