Listed Companies
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Services
Infratil eyes opportunities with $300m capital raising
Infratil wants to raise up to $300 million of new equity to help advance the growth plans within its existing portfolio and to allow it to snap up any opportunities.
Markets
MARKET CLOSE: NZX50 back in positive territory on optimism over recovery
The S&P/NZX 50 Index is back in positive territory after strong US employment data on Friday and the announcement the further easing of local covid-19 restrictions stoked investor optimism about the pandemic recovery. The benchmark index rose 352.50 points, or 3.2 percent, to...
Coronavirus
Solid year as AWF Madison braces for covid impact
Labour hire firm AWF Madison won’t pay a final dividend this year, citing the economic uncertainty created by the covid-19 crisis. New Zealand’s biggest recruitment company today posted a 33 percent jump in net profit from $2 million to $2.7 million for the 12 months to March...
Property
Metlifecare’s modest development may be boon in recession
Metlifecare’s relatively modest development plans may help insulate the retirement village operator against the worst of the recession, according to an independent assessment. The company is seeking shareholder support at a special meeting on July 10 to continue with litigatio...
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