The New Zealand stock exchange operator, NZX, is splitting its head of regulation job to separate regulatory decision making from overall policy development in an attempt to strengthen its regulatory role. Joost van Amelsfort, a senior associate corporate/commercial at Simpson Grierson, has been appointed to the new job as head of market supervision from Aug. 4, Wellington-based NZX said in …

New Zealand shares fell, with a2 Milk Company leading the NZX 50 Index lower after its milk processor Synlait Milk cut its forecast annual profit by $7.5 million. Pacific Edge dropped for a sixth consecutive day after announcing its full-year loss had widened 44 percent. Fisher & Paykel Healthcare rose to an eight-year high. The benchmark index fell 4.726 points, or 0.09 percent, to 5178.435. Within the index, 14 stocks …

Abano Healthcare’s dissident shareholders Peter Hutson and James Reeves have filed papers in the High Court in Auckland in a bid to delay the special meeting they called, where they’re seeking to dump the medical investor’s chairman, Trevor Janes. The Abano shareholders, whose interests own about 19 percent of the company, want to delay the June 13 meeting by three …