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Argosy Property to raise $87M in 1-for7 rights issue at 89 cents apiece
July 1 (BusinessDesk) – Argosy Property plans to raise about $87 million in a rights issue to repay bank debt used to acquire properties this year. The company plans to sell shares at 89 cents apiece in a one-for-seven renounceable offer, it said in a statement. The offer is un...
UPDATE NZ shares fall 0.3 percent after trading resumes following glitch
July 1 (BusinessDesk) - The NZX 50 index fell 0.3 percent after trading on New Zealand’s stock market resumed after a three-hour outage over connectivity issues. The benchmark index dropped 14 points when markets reopened at 3pm in New Zealand, and was recently at 4413.521, dow...
UPDATED NZX trading halted until stock exchange confident it will work
July 1 (BusinessDesk) - All trading on New Zealand’s stock market has been halted due to technical issues in the second major outage this year and won’t resume until the exchange operator is confident it will work. The NZX experienced connectivity issues on a number of its sys...
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