Restaurant Brands sales to exceed $700 mln in 2018 as KFC market keeps growing, CEO says
By Sophie Boot June 23 (BusinessDesk) - Restaurant Brands New Zealand, the fast-food retailer, is forecasting sales above $700 million in the 2018 financial year as it reaps gains from its expansion into Australia and Hawaii. In New Zealand, Restaurant Brands runs KFC, Pizz...
Restaurant Brands to seek ASX dual-listing
By Sophie Boot June 23 (BusinessDesk) - Restaurant Brands, the fast food retailer, plans to dual-list on the Australian Stock Exchange by the end of September. Ahead of its annual meeting this morning in Auckland, the company announced it will seek a foreign-exempt listing...
MARKET CLOSE: NZ shares rise led by Xero, Contact Energy, Westpac
By Sophie Boot June 22 (BusinessDesk) - New Zealand shares rose, led by Xero which was spurred on by a rally in tech stocks on Wall Street, while blue chip stocks including power company Contact Energy and dual-listed listed bank Westpac Banking Corp also gained. The...
Property for Industry shareholders vote to internalise management
By Sophie Boot June 22 (BusinessDesk) - Property For Industry's managers will reap a $42 million payday after the industrial property investor's shareholders voted to internalise its management contract. At the company's annual meeting in Auckland this morning, 94.4 percent...
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