Alliance Group has hit the pause button on its farmer-shareholder capital raise. “The board's preference is for Alliance to remain a 100% farmer-owned co-operative. However, raising the desired ca
A week after WasteCo announced a conditional agreement to acquire Civic Waste and launched a share purchase plan proposal, the group posted a $5.5 million net loss. In earnings for the six months to
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
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
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
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
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
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
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
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 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
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
Minister of Commerce and Consumer Affairs Andrew Bayly is proposing a raft of changes to New Zealand’s capital markets regime, including assisting KiwiSaver funds in making direct investments and re
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
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
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
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
Pāmu Farms of New Zealand has confirmed it is participating in Alliance Group’s internal capital raise and says it wants a successful outcome not just for the processor but for the wider industry.
Vital said it will “strenuously defend” High Court proceedings filed by Empire Technology, an affiliate of Empire Capital. According to investor Simon Herbert’s Empire, the action “arises f
The last of the big four banks to appear before the banking inquiry has defended its record profits in sometimes testy exchanges with members of Parliament. Bank of New Zealand (BNZ) chief executive
Private company investor Direct Capital aims to start investing in its seventh fund by the end of March. Direct Capital, which counts the New Zealand Super Fund, Accident Compensation Corporation (A
Paper Plus New Zealand has raised nearly $600,000 from its owner-operators but undersubscribed its target after issuing more than one million shares at $1 each. In July, Paper Plus NZ, which operates.
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
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