News in Brief
News in Brief
Eroad quarterly sales rise
Eroad said growth continued in the fourth quarter with many of its customers providing essential services, and its expectations for the 2020 financial year are unchanged.The transport tech services company added 3,951 units in the three months to March 31, bringing annualised gro...
TruScreen to raise up to $2m
TruScreen plans to raise up to $2 million of new capital to support its expansion in foreign markets in a discounted share purchase plan. Eligible New Zealand shareholders and wholesale investors in Australia can take up to $50,000 of new shares at 5 cents apiece, a discount to F...
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...
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