CropLogic says A$8 million share offer fully subscribed
By Rebecca Howard Aug. 16 (BusinessDesk) - CropLogic, the agricultural technology company which counts Powerhouse Ventures and the New Zealand Venture Investment Fund as shareholders, says its A$8 million initial public offering was fully subscribed and it is now set to list o...
IkeGPS announces share placement to existing Australian, NZ investors
By Rebecca Howard Aug. 16 (BusinessDesk) - IkeGPS, the laser measurement toolmaker, said it has received firm expressions of interest from existing Australian and New Zealand institutional and wholesale investors for a share placement. It is currently seeking to finalise t...
New Zealand dollar gets lift against yen as risk aversion subsides
By Rebecca Howard Aug. 15 (BusinessDesk) - The New Zealand dollar got a lift against the yen, benefiting from resurgent risk appetite after North Korea's leader seemed to back down from plans to fire a missile near Guam. The kiwi rose to 80.49 yen as at 5pm in Wellington fr...
NZ Super Fund not aiming for a zero carbon portfolio, CEO Orr says
By Rebecca Howard Aug. 15 (BusinessDesk) - The New Zealand Superannuation Fund is not aiming for a zero carbon portfolio and will keep investing in energy companies if they are making significant advances regarding climate change risk, says chief executive Adrian Orr. "A ze...
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