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LWR’s Anderson jailed for 6 years for fraud, second defendant fined $2,000
Nov. 25 (BusinessDesk) - Kenneth Anderson, a former director and owner of failed clothing maker Lane Walker Rudkin Industries, has been jailed for six years after pleading guilty to fraud. Anderson last month pleaded guilty to three representative charges under the Crimes Act o...
Fonterra executive Caldwell quits for ‘personal reasons’ after 18 months in job
Nov. 25 (BusinessDesk) - Fonterra Cooperative Group managing director of people, culture and services, Chris Caldwell, has left the job after just 18 months in the role, citing personal reasons. Caldwell’s responsibilities have been handed over to chief financial officer Lukas...
Hutson, Archer should use Takeovers Code route to chase Abano, NZSA says
Nov. 25 (BusinessDesk) – Abano Healthcare shareholder Peter Hutson and his associated interests should use the procedures laid out in the Takeovers Code if they are to pursue the company to ensure all investors are treated equally, says the NZ Shareholders Association. Abano is...