Recent Posts

Ecoya ekes out small annual profit, EBITDA up 26%

Ecoya, which is changing its name to Trilogy International, eked out a small profit as underlying earnings climbed 26 percent on the strength of its skincare product range. The Auckland-based company made a profit of $34,000 in the 12 months ended March 31, from a loss of $218,000 a year earlier, it said in a statement. Earnings before interest, tax, …

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Snakk Media, the latest brainchild of Hyperfactory co-founder Derek Handley, has raised $6.5 million from an over-subscribed share purchase plan and private placement, which it will use both to fund its expansion and potentially takeover targets. The Auckland-based company raised about $5.9 million from the share purchase plan and $600,000 in a private placement to eligible investors at 12 cents …

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SFO charges seven people over mortgage fraud

The Serious Fraud Office has charge seven people over a series of alleged mortgage frauds between July 2007 and December 2010. The white-collar crime investigator has laid 48 Crimes Act charges against the group, with the primary defendant Eli Devoy, it said in a statement. Devoy, who goes by the name Ellie Stone, faces 26 charges and is accused of …

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