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The New Zealand Wine Company Limited (formerly Grove Mill Wine Company Limited) is li
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In a Joint Venture statement, New Zealand and Australian pipfruit farmers announced a recommitment to a multi-million dollar investment for the production of new apple and pear cultivars. In the deal, Australian growers are expected to invest NZ$11.5 million spread over five years via their...
As part of its US$60 million plans to develop an open cast coal mine near Westport, Bathurst Resources, an Australian mining company, said it is keen on listing on the New Zealand Stock Exchange this year. In its plans, Bathurst will export two million tones of coal from the mine, situated close to...
The Malaghan Institute of Medical Research will lead a $5 million research in therapeutic cancer vaccines. This investment into R&D by the Health Council of New Zealand (HRC) is expected to last for three to four years. It makes up for one of the main winners in an $81.88 million financing...
AMP on Monday got clearance from the New Zealand Commerce Commission for the acquisition of the New Zealand and the Australian assets of AXA Asia Pacific Holdings. Should AMP renew its offer for the wealth management and insurance company, this decision gives it a better stand. The wealth...
In its bid to acquire the Buller Coal Project in New Zealand, Australian Stock Exchange listed company; Bathurst Resources, announced that it had finished the placement of 125 million new shares at $0.13 per share aimed at raising $16.25 million needed for the investment. It had also signed the...
Genesis Research and Development Corp., an Auckland based biotechnology company reported it had found a viable New Zealand investor and may rethink its decision to move its operations overseas. The company’s CEO, Stephen Halls, said Tuesday that the company expects to conclude the placement of 7.4...
In a deal to bolster investments between the two countries, ANZ New Zealand signed an agreement for cooperation with the China Development Bank (CDB) last week. The two countries increased cooperation is being sought in a bid to increase trade and investments between them. ANZ New Zealand’s chief...
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