Recent Posts

Orion private placements provide clue for IPO price

Recent issues of Orion Health Group shares to private investors provide clues to the issue price in its upcoming initial public offer, The Auckland developer of software systems for patient health management this week confirmed it would raise between $120 million to $150 million through floating on the NZX and ASX late next month.  A prospectus and investment statement are expected out …

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NZ, South Korea free-trade agreement looks imminent

A long-awaited free trade agreement between New Zealand and South Korea appears close to being inked following talks in Seoul last week. Officials concluded the ninth round of talks on Friday. Comments by both New Zealand and Korean diplomatic sources suggest the deal is imminent, with people close to the talks saying there were no “thorny issues” outstanding, with both sides in “substantial agreement”. …

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Seeka sees annual profit growth of up to 11%, planning for beefed-up capacity

Seeka Kiwifruit Industries, the country’s biggest kiwifruit grower, sees annual profit growth of up to 11 percent and is planning to expand its capacity in coming years as kiwifruit crops recover from the outbreak of the Psa-V vine disease. The Te Puke-based company forecasts net profit of between $2.6 million and $3 million in the 12 months ending Dec. 31, compared to $2.7 million …

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