News in Brief
News in Brief
Disagreement as Anderson Lloyd partner exits
Anderson Lloyd has confirmed partner Alan Paterson has left the office of the firm, claiming “inappropriate behaviour”.The property partner based in Auckland - who joined from Russell McVeagh in 2017 - said he left the firm when lockdown began but could not elaborate as the matte...
Housing NZ to offer $300m wellbeing bond
Kainga Ora subsidiary Housing New Zealand will issue $300 million of 2040 inflation-indexed wellbeing bonds in response to requests from a “real money investor.”The Crown entity said the bonds will be issued at a yield of 2.413 percent, and carry a coupon of 2.5 percent. The tran...
ASP Ships takes stake in Coastal Bulk Shipping
Global marine services firm ASP Ships Group has bought a 50 percent stake in the operator of local cargo ship MV Anatoki, Coastal Bulk Shipping.ASP chief executive David Borcoski said the acquisition was part of its strategy to work with Coastal Bulk Shipping to develop New Zeala...
NZSA to vote against Summerset director fee rise
The New Zealand Shareholders' Association said it will vote its proxies against an increase in fees for Summerset Group directors.Summerset wants to increase the directors' fee pool by $72,000 to $840,000 to provide headroom to compensate directors for work beyond their n...
Prev
