FutureFive New Zealand - Consumer technology news & reviews from the future

Shareholders Stories - Page 5

Kiwi Stories

Shareholders stories

ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm
Sales

ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm

Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.

By Pattrick Smellie • 2 min read • Tue, 17th Feb 2015
Airwork affirms annual profit growth forecast; flags slowdown in helicopter trading
Shares

Airwork affirms annual profit growth forecast; flags slowdown in helicopter trading

Airwork Holdings, the listed aviation business, still expects annual earnings to climb 48 percent this financial year even as a slowdown in helicop.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015
Tweaked Connor ownership soothes regulator's concerns in Acurity takeover
Health Technologies

Tweaked Connor ownership soothes regulator's concerns in Acurity takeover

The Commerce Commission has signed off a takeover bid for Acurity Health Group by its three biggest shareholders after tweaks to the holding compan.

By Pattrick Smellie • 2 min read • Fri, 19th Dec 2014
Connor Healthcare tries again for Acurity takeover
Health Technologies

Connor Healthcare tries again for Acurity takeover

The three biggest shareholders of Wellington hospital owner Acurity Health Group have put a second application to the Commerce Commission, reducing.

By Pattrick Smellie • 2 min read • Wed, 17th Dec 2014
FMA boss says corporate governance in NZ could be better
Risk & Compliance

FMA boss says corporate governance in NZ could be better

FMA chief calls on New Zealand directors to improve corporate governance practices as part of regulator's risk outlook.

By Pattrick Smellie • 5 min read • Thu, 11th Dec 2014
NZ dollar heads for 0.9% fall as US jobs report looms
NZ Dollar

NZ dollar heads for 0.9% fall as US jobs report looms

As the US jobs report looms, the NZ dollar is set for a 0.9% tumble, amidst global shifts and economic speculations.

By Pattrick Smellie • 2 min read • Fri, 5th Dec 2014
Rubicon reiterates IPO plans for ArborGen, laments languishing share price
Investment

Rubicon reiterates IPO plans for ArborGen, laments languishing share price

Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forest.

By Pattrick Smellie • 3 min read • Fri, 5th Dec 2014
Tony Falkenstein to take over as JWI boss, as Ian Ormiston quits
Dirty Politics

Tony Falkenstein to take over as JWI boss, as Ian Ormiston quits

Tony Falkenstein, founder and majority owner of Just Water International, will take over as head of the water cooler and supplies business after ch.

By Pattrick Smellie • 3 min read • Tue, 2nd Dec 2014
Acurity lifts 1H earnings 22% on increased DHB work, cost cuts
Health Technologies

Acurity lifts 1H earnings 22% on increased DHB work, cost cuts

Acurity Health Group, the hospital operator set to be taken private by its three biggest shareholders, lifted first-half by profit 22 percent after.

By Pattrick Smellie • 2 min read • Mon, 24th Nov 2014
Pacific Brands sells unprofitable footwear, sports apparel business
NZX

Pacific Brands sells unprofitable footwear, sports apparel business

Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting appa.

By Pattrick Smellie • 3 min read • Tue, 18th Nov 2014
Just Water independent directors accept founder's 15 cents per share takeover offer
NZX

Just Water independent directors accept founder's 15 cents per share takeover offer

Just Waters International's independent directors have recommended shareholders accept founder and majority investor Tony Falkenstein's takeover bi.

By Pattrick Smellie • 2 min read • Tue, 11th Nov 2014
FMA clears Gentrack on prospectus, says offer risks could have been clearer
NZX

FMA clears Gentrack on prospectus, says offer risks could have been clearer

The Financial Markets Authority has cleared Gentrack Group's prospectus but said risks could have been made clearer after the utilities and airport.

By Pattrick Smellie • 3 min read • Mon, 10th Nov 2014
MightyRiverPower to pay special dividend
Capital Management

MightyRiverPower to pay special dividend

MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will pay a special dividend to shareholders af.

By Pattrick Smellie • 2 min read • Wed, 5th Nov 2014

Global Stories

Shareholders stories

GPG gets warning notice over Coats pension scheme
Shares

GPG gets warning notice over Coats pension scheme

Guinness Peat Group has received a warning notice over its Coats Pension Plan from the UK Pensions Regulator over the level of support for the supe.

By Pattrick Smellie • 2 min read • Mon, 22nd Dec 2014
Martin Jetpack reviews ASX listing as Chinese investor commits A$50M
Surveillance

Martin Jetpack reviews ASX listing as Chinese investor commits A$50M

New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public.

By Pattrick Smellie • 3 min read • Fri, 19th Dec 2014
Delegat's to push into China next year as part of global wine brand expansion
Shareholders

Delegat's to push into China next year as part of global wine brand expansion

Delegat's Group, the listed winemaker, plans to put a toehold in China next year as part of a long-term goal of boosting overall sales by 52 percen.

By Pattrick Smellie • 3 min read • Tue, 2nd Dec 2014
Fonterra shareholders use AGM to flag concern over lower milk payout
Strategy

Fonterra shareholders use AGM to flag concern over lower milk payout

Fonterra Cooperative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout, the dair.

By Pattrick Smellie • 4 min read • Wed, 12th Nov 2014
Alliance Group annual profit rises 11% on demand for red meat, higher prices
Free trade agreement

Alliance Group annual profit rises 11% on demand for red meat, higher prices

Alliance Group, the world's largest processor and exporter of sheepmeat, posted an 11 percent rise in annual profit and is distributing $7 million.

By Pattrick Smellie • 3 min read • Fri, 7th Nov 2014