Sharemarket News

Pacific Edge Limited (NZX: PEB) Placement Upsized Following Strong Demand
24 Sep, 11:24am
Cancer diagnostics business, Pacific Edge Limited is pleased to announce it has successfully raised NZ$80m (A$77.5m) through its Placement. The Placement was very well subscribed at the price determined in the bookbuild of NZ$1.35 (A$1.31) per share ... More »

Pacific Edge Limited (NZX: PEB) Dual Lists on ASX; Announces Capital Raise to Accelerate
23 Sep, 8:49am
PEB  is pleased to announce that it has been admitted to the official list of the Australian Securities Exchange as a foreign exempt listing and is conducting an equity raise consisting of a placement of NZ$60 million ... More »

Tower Limited (NZX: TWR) Updates Guidance
22 Sep, 10:43am
Tower Limited has today revised its guidance on underlying net profit after tax for the year ending 30 September 2021 to $19m to $21m, from between $22m and $24m... More »

South Port New Zealand Limited (NZX: SPN) 2021 Annual Report
22 Sep, 10:34am
South Port achieved an after-tax profit of $10.71 million, a 13.6% increase on last year’s result and slightly ahead of the guidance provided in the 2021 Interim Report... More »

Kathmandu Holdings Limited (NZX: KMD) FY21 Annual Results Announcement
21 Sep, 10:58am
The FY21 Group results were underpinned by strong sales from both Rip Curl and Oboz, and included a full 12 months of Rip Curl. Earnings growth further reflected the Group’s focused management implemented during the onset of the COVID pandemic... More »

Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Update on Demerger and Office Fund
21 Sep, 10:47am
Stride Property Group advises that, in light of recent market conditions, it has decided to withdraw the current demerger and initial public offering of Fabric Property Limited... More »

Kiwi Property Group Limited (NZX: KPG) Gives Green Light to Build-to-Rent
21 Sep, 8:41am
Kiwi Property today announced it is moving ahead with the construction of New Zealand’s first major build-to-rent development, marking an important milestone in the delivery of the company’s mixed-use strategy... More »

General Capital Limited (NZX: GEN) Equifax Affirms General Finance BB- Rating
20 Sep, 8:49am
General Finance Limited, licensed Non-bank Deposit Taker and wholly owned subsidiary of General Capital Limited, has had its credit rating reaffirmed... More »

NZ Automotive Investments Limited (NZX: NZA) Proposed Sell Down by NZA Founder to Improve Liquidity
17 Sep, 9:11am
NZ Automotive Investments Limited has been advised that an existing substantial shareholder is completing a sell-down through a bookbuild process through selected retail brokers... More »

Seeka Limited (NZX: SEK) Announces Further Kiwifruit Acquisition
14 Sep, 1:45pm
Seeka Limited has entered an amalgamation agreement to acquire leading Northland kiwifruit business Orangewood Limited. Orangewood shareholders are offered 0.663 new Seeka shares and $1.35 in cash for every Orangewood share... More »

Briscoe Group Limited (NZX: BGP) Half Year Results Announcement
14 Sep, 1:20pm
The directors of Briscoe Group Limited announce a net profit after tax of $47.46 million for the half-year ended 1 August 2021 compared to $27.98 million achieved for last year’s first half. The half-year results are unaudited... More »

Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Office Fund Established and Conditional Acquisition
13 Sep, 9:51am
Stride Property Limited and Stride Investment Management Limited today announces an intention to establish a new office fund. This will take place by way of a demerger and NZX listing of SPL's wholly-owned Fabric Property Limited... More »

Third Age Health Services Limited (NZX: TAH) Announces Acquisition of Belmont Medical
13 Sep, 9:43am
Third Age Health Services Limited is pleased to announce it has signed a Sale and Purchase Agreement to acquire 100% of the shares in Belmont Medical Centre Limited for a cash purchase price of $0.18m... More »

Infratil Limited (NZX: IFT) Commits to Development of Renewables in Asia
10 Sep, 9:43am
Infratil Limited today announced it is committing US$233m to establish Gurin Energy, a renewable energy development platform headquartered in Singapore which will focus on greenfield renewable projects across Asia... More »

Synlait Milk Limited (NZX: SML) Sale and Leaseback of Synlait Auckland Premises
9 Sep, 9:52am
Synlait Milk Limited has confirmed a sale and leaseback of its Synlait Auckland premises at Richard Pearce Drive, Mangere. The sale price is $30.05 million, and the initial lease term is 10-years. Settlement will take place on 4 October 2021... More »

Turners Automotive Group Limited (NZX: TRA) 2021 Annual Meeting Update
9 Sep, 9:44am
Turners Automotive Group will be announcing at its 2021 Annual Shareholders Meeting today that it has improved profit momentum, widened competitive advantages and is pleased with progress towards both its FY22 and FY24 targets... More »

Plexure Group Limited (NZX: PX1) Special Meeting and Shareholder Offer Opens
9 Sep, 9:01am
The purpose of the Meeting is to consider and vote on resolutions relating to the acquisition of TASK, the allotment of shares to the TASK vendors and associates, and the capital raising to partially fund the acquisition of TASK... More »

Now is the time to reassess your investments
8 Sep, 12:40pm
If you have listed NZX and ASX investments and you are in the process of reassessing your holdings or wish to do so, our advisers at Equity Investment Advisers Limited are willing to assist. As you are no doubt aware most markets are fully priced, and som... More »

MHM Automation Limited (NZX: MHM) Announces Special Dividend
8 Sep, 11:07am
The Board of MHM Automation Limited today announced its decision to pay a special dividend of 1.5 cents per share. The record date for the special dividend will be 15th September 2021... More »

Synlait Milk Limited (NZX: SML) Consults With Staff On New Organisational Structure
8 Sep, 11:00am
SML this morning updated staff that it has commenced a consultation process to update its organisational structure. The consultation process will take place over the next two weeks... More »