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Allied Farmers granted waiver for $1.2M loan for bobby calf business
July 25 (BusinessDesk) - Allied Farmers, the company whose market value was all but wiped out when it acquired the financial assets of Hanover Finance, has been granted a waiver to borrow up to $1.2 million for the operations of its bobby calf venture. The waiver, granted by NZ...
Comvita to seek deeper pool for directors' fees at AGM
By Paul McBeth July 25 (BusinessDesk) - Comvita, which makes products based the virtues of honey, will ask shareholders to approve a deeper pool of fees for directors to draw on at tomorrow's annual meeting. The Te Puke-based company wants to raise the maximum aggregate fees p...
NZ trade surplus wider than expected in June on increased dairy exports
By Paul McBeth July 25 (BusinessDesk) - New Zealand's trade surplus was wider than expected in the month of June as the country's dairy producers sold more product overseas. The surplus was $331 million last month, up from a revised $232 million in May, according to Statistics...
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