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TRS shares soar 700 percent after Dotcom’s Mega flags $210M backdoor listing on NZX
By Paul McBeth March 25 (BusinessDesk) – Shares of TRS Investments, a penny-dreadful shell company, soared 600 percent after Kim Dotcom’s Mega Ltd announced plans for a backdoor listing on the NZX that would value his data storage and encryption firm at $210 million. TRS stock...
Horizon Energy names John Anderson as acting CFO after departure of Todd Campbell
By Suze Metherell March 25 (BusinessDesk) – Horizon Energy, the Bay of Plenty lines company, named John Anderson as acting chief financial officer after announcing the departure of Todd Campbell in mid-April. Campbell joined Horizon Energy in 2009, from Levin-based lines compa...
Hallenstein first half profit drops 40 percent, says early winter sales show modest improvement
By Tina Morrison March 25 (BusinessDesk) – Hallenstein Glasson, the clothing retailer dropped from the NZX 50 Index this month, posted a 40 percent decline in first-half profit as increased rivalry pushed down prices during the key summer season. It said early winter sales showe...
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