Business
Primary Sector
Westland shareholders strongly back Yili takeover
By Rebecca Howard July 4 (BusinessDesk) - Westland Co-Operative Dairy Company shareholders overwhelmingly supported a takeover bid by Hongkong Jingang Trade Holding, a unit of Inner Mongolia Yili Industrial Group Co. Of 2,775 votes available able for voting today, there wer...
Primary Sector
Blue Sky reports best result in 8 years
By Rebecca Howard July 4 (BusinessDesk) - Southland meat processor and marketer Blue Sky Meats says the year to March was its best result in eight years as a strategic plan bore fruit. The company, which is due to release its annual report shortly, said the March financial...
Services
TruScreen's $2M bookbuild extended as CEO hits road to meet investors
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 l...
Economy
Re-opening Stratford-Okahukura line priority for KiwiRail CEO
By Gavin Evans July 4 (BusinessDesk) - A $40 million project to reopen the mothballed Stratford to Okahukura rail line is a priority for new KiwiRail chief executive Greg Miller. The line, shut since a derailment in 2009, is the only alternative north-south rail link should...
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