Abano Healthcare, the medical investor embroiled in a dispute with its biggest shareholder, said full-year profit will rise at least 60 percent and urged shareholders to support chairman Trevor Janes at a special meeting that seeks to have him dumped. In a letter to shareholders signed by the remaining five board members they describe a “misleading communications campaign” by dissident …

Ryman Healthcare, which last week reported a 43 percent boost in annual profit, has secured a site for its second retirement village in Melbourne, which it expects to spend more than $100 million to build. The Christchurch-based company purchased a 5.5 hectare property in Melbourne’s eastern suburbs from the Victorian government as part of the state’s surplus land programme, it …

A company seeking permission to mine ironsands off the coast of Patea in New Zealand’s Exclusive Economic Zone says it is “confident” the project “can proceed.” The statement from Trans-Tasman Resources follows today’s formal closing of the marine consent hearings by the Decision-Making Committee appointed by the Environmental Protection Authority to consider the application. The DMC unexpectedly adjourned rather than …