By Rebecca Howard Aug. 2 (BusinessDesk) - Vodafone New Zealand says its new ownership means it can execute a New Zealand-centric strategy while retaining a close relationship with the global Vodafone
Prime Minister Christopher Luxon has voiced his support for reducing the capital requirements for banks, and might even support a new banking regulator. Luxon made the remarks during a question-and-an
Fast-growing digital customs software firm Trade Window was tight-lipped about the capital-raising activity required before the company runs out of cash in March. In its half-yearly accounts, publis
The New Zealand sharemarket bided its time with a small fall as it waited for key economic events that will dictate the course of interest rate cuts. The S&P/NZX 50 Index was solid in the morning but.
Digital customs and verification software provider TradeWindow is looking for $2.2 million in its latest attempt to raise fresh capital. The raise seeks up to a $2m placement of newly issued shares t
The New Zealand Shareholders Association has thrown its support behind Synlait Milk’s capital raise. Shareholders will gather at the cash-strapped processor’s Dunsandel site next week to vote on a
PaySauce has completed the final instalment of its $5.8 million capital raising. The payroll software company today issued the remaining 1.65 million shares - two weeks earlier than expected - to brin
The New Zealand Shareholders Association has not decided whether or not it will support Synlait’s upcoming capital raise. The NZ Shareholders Association (NZSA) has described it as a “dead rat”
Auckland International Airport shares are in a trading halt this morning ahead of a $1.4 billion capital raising, $1.2b of which will be by institutional placement and $200 million to existing retail.
Auckland’s mayor and deputy mayor have confirmed Auckland Council did not participate in the country’s largest corporate capital raise outside of an initial public offering. In a statement relea
By Gavin Evans Jan. 14 (BusinessDesk) - Chatham Rock Phosphate says it will need to seek additional working capital to maintain “operating momentum” while it advances its proposed merger with Capi
To me, market structure is a "long-range" of thinking about how things change over time. I have talked ad nauseam about how the S&P 500 is amazing and virtually impossible for an active investor to
Mercury NZ is offering up to $300 million of unsecured, subordinated capital bonds to institutional investors and New Zealand retail investors. The offer opens today June 27, with the Capital Bonds ex
By Paul McBeth Nov. 6 (BusinessDesk) - Spark New Zealand's board will have to make a number of "big decisions" in a rapidly changing environment as the country's biggest telecommunications firm overha
Australian fund manager Yarra Capital Management has divested 7% of dual-listed retailer, KMD Brands. A Friday evening substantial holding notice posted on the Australian Securities Exchange (ASX) sho
Fonterra Co-operative Group has increased its target average return on capital and its dividend policy as it looks to deepen its focus on its ingredients and food service businesses. It has also flagg
Direct Capital has made its final investment in its sixth fund, into a Christchurch-founded commercial and industrial refrigeration firm. Direct Capital said on Monday it had invested in Active Refr
By Jenny Ruth March 14 (BusinessDesk) - Final decisions on the Reserve Bank’s proposed capital requirements for banks won’t be made until the September quarter but they are already having an impa
Defamation proceedings filed by Being AI against Clare Capital have had their first hearing in the High Court at Auckland. Associate Judge Rachel Sussock on Friday heard, and declined, an applicati
Mobile advertising technology company Goodwood Capital Limited was incepted in 2010. It offers a full suite of mobile creative, content and technology services, empowering the world's leading brands a
General Capital Limited is a financial services group with two wholly owned subsidiaries; General Finance, a Non Bank Deposit Taker that accepts deposits from the public and it lend funds to borrowers
Ascension Capital Ltd, formerly TRS Investments Ltd, is a New Zealand-based investment holding company. The company operates in the asset management industry, focusing on obtaining a transaction to ac
Australasian venture capital firm Paloma Capital is embarking on an A$25 million (NZ$27.6m) Fund II capital raise. The fund will go towards 14 to 18 new and breakout companies over three years from th
Soul Capital was quick to see the potential for artificial intelligence-generated sign language. The venture capital company realised Auckland software developers Kara Technologies perfectly fit its i
A former Treasury staffer whose actions cost investors at least $80 million has been sentenced to eight-and-a-half years’ imprisonment for fraud. Penrich Capital founder Kelly Tonkin, 52, was senten
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