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Diligent won’t meet deadline for first-half results, sees Feb. 28 delivery date
Dec. 4 (BusinessDesk) - Diligent Board Member Services, the governance software developer, says it won’t meet a Dec. 12 deadline to release its first half results and now expects then to be as late as Feb. 28, when it is due to publish its full-year report. The company said NZX...
Godfrey Hirst pulls $50M dividend from profitable NZ business
By Jonathan Underhill Dec. 4 (BusinessDesk) – Godfrey Hirst, which acquired failed carpet maker Feltex in 2006, has pulled a $50 million dividend from its New Zealand business while reporting annual sales growth and one-time gains from asset sales and purchases. Profit was $10...
Kiwibank board back in compliance after Gribben exit
Dec. 4 (BusinessDesk) - State-owned lender Kiwibank is back within the terms of its bank registration after the departure of New Zealand Post director Murray Gribben evened up the number of independent directors on the board. Gribben resigned from the boards of New Zealand Pos...