In accordance with rules 41A and 47 of the Takeovers Code, please find attached a notice of intention to make a full offer for Millennium & Copthorne Hotels New Zealand Limited.
Kiwi Property says Minister Penk's reform will likely be beneficial to its business.
The S&P/NZX 50 Index closed up 0.27% or 37.19 points.
ASB flagged the class action as a contingent liability.
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