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UPDATE: Vista Group to raise $40M, freeze dividends in push for growth
(Updates with chairman comment, dividend details, identifies holding company) By Suze Metherell July 4 (BusinessDesk) - Vista Group International, the cinema software developer and film distribution company, will freeze dividend payments for at least two years and raise up...
Marsden Point makes margin gains with greater natural use
By Pattrick Smellie July 4 (BusinessDesk) - New Zealand's Marsden Point oil refinery is taking advantage of historically low wholesale prices for locally produced natural gas to improve its refining margins as electricity companies, in particular, continue to use far less gas...
Metroglass bookbuild sets sale price at $1.70, near bottom end of range: sources
By Suze Metherell July 4 (BusinessDesk) - Metro Performance Glass, New Zealand's largest glass maker, will sell shares at $1.70 apiece in an initial public offering, near the bottom of the range, say institutional investors who had previously baulked at Hirepool's offer. co...
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