Institutional investors Stories - Page 21

Kiwi Stories

Institutional investors stories

MARKET CLOSE: NZ shares fall led by Kathmandu on weak outlook

NZ shares dip as Kathmandu's grim half-year loss hints at retail turbulence; market watchers wary of recovery prospects.

By Pattrick Smellie • 3 min read • Tue, 24th Mar 2015

Fundraising

Precinct raises $73.6 million from instos in capital raising

Precinct Properties raises NZD $73.6 million from institutional investors, gearing up for its retail offer to fund major Auckland developments.

By Pattrick Smellie • 1 min read • Fri, 27th Feb 2015

Supply Chain

Fliway to raise up to $50 mln in first NZ IPO of the year

Fliway Group, the transport and logistics group, will seek up to $50 million in New Zealand's first initial public offering of the year, with a sale e.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

NZX

MARKET CLOSE: NZ shares rise in pre-Xmas trading; Kathmandu snaps declines; POT at record

NZ shares see a slight pre-Xmas rise, Kathmandu rebounds from losses, while Port of Tauranga hits a record high.

By Pattrick Smellie • 3 min read • Wed, 24th Dec 2014

Trade

Comvita shareholders exercise 5.6M of 6.9M rights on offer, triggering shortfall bookbuild

The Te Puke-based maker of health products based on manuka honey aimed to raise $24.4 million in the offer at $3.55 apiece.

By Pattrick Smellie • 2 min read • Tue, 16th Dec 2014

Risk & Compliance

FMA boss says corporate governance in NZ could be better

FMA chief calls on New Zealand directors to improve corporate governance practices as part of regulator's risk outlook.

By Pattrick Smellie • 5 min read • Thu, 11th Dec 2014

NZX

FMA to focus on 7 key market risks, including insurance mis-selling

The Financial Markets Authority has seen an increasing number of complaints regarding insurance sales and is undertaking more work to assess the s.

By Pattrick Smellie • 4 min read • Thu, 11th Dec 2014

Reserve Bank of New Zealand

Japanese investor interest in NZ plumps up Nikko funds

Nikko Asset Management New Zealand, the local subsidiary of the Japanese investment firm, said funds under management topped $4 billion for the fir.

By Pattrick Smellie • 2 min read • Tue, 2nd Dec 2014

Unified Communications

CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild

Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.

By Pattrick Smellie • 3 min read • Thu, 13th Nov 2014

NZX

Hasta La Vista Baby... Kiwi firm reveals offer price

Vista Group's IPO sets sail at $2.35/share, aiming to raise $40m for expansion, with strong investor backing reflecting confidence in growth.

By Staff Writer • 2 min read • Mon, 21st Jul 2014

Lightning Lab

Kiwi start-ups receive $3m investment boost

Nine Kiwi startups have secured offers of seed investment totalling NZD $3 million from the Lightning Lab Demo Day, New Zealand's prime pitch event.

By Staff Writer • 2 min read • Wed, 18th Jun 2014

Serko

Kiwi firm Serko announces IPO

Kiwi firm Serko announces IPO to fuel growth ambitions, offering NZD $17 million in new shares. Listings open 4 June for NZX and ASX investors.

By Staff Writer • 3 min read • Mon, 26th May 2014

VMob

VMob secures $4m capital injection

VMob Group Limited (VML) has successfully completed a capital raising of $4m to facilitate growth and fund the company's expansion into key global markets.

By Staff Writer • 2 min read • Mon, 4th Nov 2013

GeoOp

GeoOp private share offer raises $10 million

GeoOp Limited has seen its private share offering oversubscribed by greater than three times, with the company raising $10m in the process.

By Staff Writer • 2 min read • Thu, 17th Oct 2013

Capital

Wynyard signals IPO and NZX-listing to fuel growth

Company considering raising capital by an Initial Public Offering (IPO) and a listing on the NZX Main Board to accelerate its international growth strategy.

By Staff Writer • 1 min read • Mon, 13th May 2013