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Electric Kiwi seeks disciplinary action against Meridian for price spike

Electric Kiwi seeks disciplinary action against Meridian for price spike

By Pattrick Smellie June 21 (BusinessDesk) - Fledgling electricity retailer Electric Kiwi is seeking disciplinary action against the country's largest power generator, Meridian Energy, following price spikes in the wholesale electricity market on June 16 that saw prices as hig...

Pattrick Smellie 20 Jun 2016
Emerald Gisborne completes asset sales, affirms 40c payout in June, final payment in August

Emerald Gisborne completes asset sales, affirms 40c payout in June, final payment in August

By Jonathan Underhill June 21 (BusinessDesk) - Emerald Gisborne Property Trust, the hotel investor set up as part of the recapitalisation of the financier and insurer now known as Turners, says it has completed the sale of its remaining assets. That will allow it to affirm a d...

Vital Healthcare seeks $160 mln to keep development pipeline pumping

Vital Healthcare seeks $160 mln to keep development pipeline pumping

By Paul McBeth June 21 (BusinessDesk) - Vital Healthcare Property Trust plans to raise $160 million to pay down debt, giving it headroom to pursue a pipeline of developments on both sides of the Tasman.  The trust plans to sell shares at $2.08 apiece in a two-for-one pro ra...

Paul McBeth 20 Jun 2016