Recent Posts

Opus International flags $5.5 million bill after missing out on project

Opus International Consultants, the listed engineering firm, flagged the loss of an undisclosed project will weigh on profit margins and cost it $5.5 million in the year. The loss of the large project, which was in “a non-traditional discipline with unique and unusual complexities”, would weigh on its New Zealand earnings, the Wellington-based company said in a statement. First-half margins were squeezed by …

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Orion Health seeks up to $150 million, but offers no forecasts

Orion Health Group, which develops software systems for patient health management, wants to raise up to $150 million in new capital in an initial public offer but says it won’t offer earnings forecast because of the “lumpy” nature of the group’s revenues and it feared misleading investors as a result. The IPO would value the firm at almost a billion dollars and …

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Orion Health valued up to $915 mln in IPO, eyes late November listing

Orion Health Group, which develops software systems for patient health management, wants to raise up to $150 million in an initial public offer which would value the firm at almost a billion dollars and give public investors up to 17.4 percent of the company. The Auckland-based company plans to sell between 21.9 million and 29.1 million shares at $4.30 and …

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