Capital raising stories - Page 20
Callaghan quizzed by MPs over 'failures,' grants to foreign companies
Thu, 12th Mar 2015
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government
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callaghan innovation
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grants
Callaghan Innovation, the government backed innovation hub, faced questions this week from opposition MPs about why it had funded companies that subse.
Serko says full-year revenue to miss forecast, warns on 2016 sales
Mon, 9th Mar 2015
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serko
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ipo
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shares
Serko, the online online travel booking business, warned annual revenue will miss its prospectus forecast by up to 6 percent as some billable services.
Wellington Drive widens annual loss, NZX's SuperLife underwrites $3m share issue
Mon, 2nd Mar 2015
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nzx
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sales
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superlife
Wellington Drive Technologies, the unprofitable manufacturer of energy efficient motors, widened its annual loss as sales dropped 35 percent.
SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
UPDATE: Stalled EQC policy review leaves global reinsurers uncertain over NZ market
Wed, 4th Feb 2015
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earthquake commission
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security vulnerabilities
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funding
The government review of the Earthquake Commission's funding and policy structures is leaving global reinsurers uncertain as they try to assess the.
Local Government NZ suggests new taxes, central govt support could bridge spending gap
Mon, 2nd Feb 2015
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partner programmes
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local government
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world bank
New Zealand's 78 local government organisations could close the gap between spending and revenue with new taxes or a share of existing central gove.
VMob hastens to squash rumours of insider trading
Mon, 2nd Feb 2015
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risk & compliance
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vmob
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financial markets authority
VMob Group has released a statement acknowledging the market speculation regarding certain VMob directors and insider trading.
Martin Jetpack reviews ASX listing as Chinese investor commits A$50M
Fri, 19th Dec 2014
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surveillance
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callaghan innovation
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ipo
New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public.
Auckland convention centre cost jumps by a fifth
Fri, 19th Dec 2014
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government
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shares
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skycity
SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 mi.
Whey protein inquiry calls for tighter rules after missteps lead to botulism scare
Tue, 9th Dec 2014
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risk & compliance
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funding
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food safety
Stage two of a government inquiry into Fonterra Cooperative Group's whey protein contamination scare has recommended the Ministry for Primary Indus.
NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake
Tue, 9th Dec 2014
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investment
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capital raising
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revenue
The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.
UPDATE: Chorus shares jump after regulator lifts access pricing
Tue, 2nd Dec 2014
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uc
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telco
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ufb
Shares of Chorus, the regulated telecommunications network operator, jumped as much as 17 percent after the Commerce Commission lifted the prices i.
Scales says full-year earnings may exceed prospectus, to pay 3 cent interim dividend
Mon, 24th Nov 2014
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supply chain & logistics
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shares
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fonterra
Scales Corp, the fruit and vegetable logistics company, will pay a 3 cent per share interim dividend and says annual earnings may beat guidance in.
Xero widens first-half loss, concedes US did not execute to plan
Thu, 20th Nov 2014
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fintech
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financial systems
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xero
Xero, the cloud-based accounting software firm, widened its first-half loss after spending more on staff and marketing.
Serko widens 1H loss, boosts sales and staff
Thu, 20th Nov 2014
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serko
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sap
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resellers
Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.
Armillary, Crowdcube granted crowd funding licence by FMA
Tue, 18th Nov 2014
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pledgeme
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renaissance
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snowball effect
The Financial Markets Authority has licensed Armillary Capital's equity crowd funding platform, Crowdcube, adding competition to the new capital ra.
'NXT' year for NZX's new growth market
Wed, 12th Nov 2014
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nzax
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truscreen
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nzx
NXT, NZX's new growth focused market, is unlikely to launch this year, as companies wait for new legislation to come into effect and the quiet Chri.
NZX trading volumes rise in October, boosted by smaller value trades
Wed, 5th Nov 2014
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shares
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trades
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capital raising
The volume of trades on the New Zealand stock exchange increased in October, boosted by a rise in lower value equity transactions and more trading.
Lanzatech, Indian researchers develop new way of producing omega-3 fatty acids
Tue, 4th Nov 2014
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callaghan innovation
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lanzatech
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construction
LanzaTech, the New Zealand-founded carbon recycling company, and a research team from India's IOC-DBT Center for Advanced Bio-Energy Research have.
Forget 3D printing, it's about 3D doodling now
Fri, 10th Oct 2014
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3d printing
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crowdfunding
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kickstarter
Created by the Boston-based start-up Wobbleworks, the 3Doodler is a thick pen shaped device that enables you to construct 3D plastic creations by hand.