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Toll NZ buys $59.5 mln site from Fletcher for new freight forwarding facility in Otahuhu

Toll NZ buys $59.5 mln site from Fletcher for new freight forwarding facility in Otahuhu

By Paul McBeth June 30 (BusinessDesk) - Toll Group NZ, whose parent Toll Holdings in Australia was bought by Japan Post for A$6.5 billion last year, has purchased a new site in Auckland's suburb of Otahuhu for $59.5 million, where it wants to build a new freight forward facili...

Paul McBeth 30 Jun 2017
Future Mobility Solutions planning to de-list from NZX, move overseas

Future Mobility Solutions planning to de-list from NZX, move overseas

By Sophie Boot June 30 (BusinessDesk) - Future Mobility Solutions, the company formerly known as SeaLegs, plans to delist from the NZX, saying the market is too small. FMS has previously discussed plans to seek a listing on an overseas market but in its annual report releas...

Sophie Boot 30 Jun 2017
NZX to carry out extensive review of business

NZX to carry out extensive review of business

By Rebecca Howard June 30 (BusinessDesk) - NZX will carry out an extensive review of its business with the results due in November and while shareholder Tony Falkenstein wasn't elected to the board, his observations will be considered as part of that review, chairman James Mil...

Rebecca Howard 30 Jun 2017