SAP New Zealand, the local unit of the world’s biggest business management software company, posted a 32 percent jump in sales last year to the highest in more than a decade on growth in its traditional enterprise applications. Sales rose to $119.8 million in calendar 2013, from $91.3 million a year earlier, according to the company’s annual report. Profit jumped 63 …

The $2.8 billion of local shopping malls owned by Australia’s Westfield Group barely got a mention in the 423-page document for the company’s restructure but accounts filed in New Zealand show earnings of $165.8 million in 2013. The malls which dominate the New Zealand shopping scene were lumped in the Australasian business for the rundown on the restructuring approved by …

Shares of Serko, the online business travel booking company, rose 2.7 in their NZX debut after closing the retail portion of its initial public offering early because of strong demand. The shares first traded at $1.13 compared to its IPO price of $1.10. Serko sold 5.5 million of new shares at $1.10 apiece, raising some $17 million, and a further 4.5 million existing shares …