UPDATE: NZ dairy manufacturer plans to list on ASX to raise up to A$20M for expansion

UPDATE: NZ dairy manufacturer plans to list on ASX to raise up to A$20M for expansion
Tina Morrison
(Adds detail throughout) By Tina Morrison March 16 (BusinessDesk) - The owners of a South Island dairy manufacturer plan to list their company on the Australian Securities Exchange, raising as much as A$20 million to expand. Australian-based Keytone Dairy Corp, whose New Zealand Keytone Enterprises (NZ) unit manufactures and exports dairy and nutrition blended products to Asia from its Christchurch factory, is offering to sell half the company to raise between A$15 million and A$20 million ahead of a listing on the ASX in May.  Keyt...