George Adams elected as Synlait chair

1.5.23 (9.30am Synlait Milk’s board has elected George Adams as chairman with Dr John Penno, the company’s Co-Founder and board appointed director stepping down. Adams was appointed as an independent director of Synlait in March 2024 to fill a casual vacancy. His...

David Mair to lead Sanford

1.5.24  (8.55am) Seafood exporter Sanford Ltd has pulled off a management coup by appointing a current Sanford director David Mair as its new Chief Executive Officer. "The appointment follows a thorough process to identify and consider suitable candidates," said...

Serko signs 5-year deal

30.4.24 Travel platform Serko has signed a 5-year partnership renewal with booking.com This is regarded as a significant milestone for Serko’s growth ambitions. The five-year term will run from April 2024 to March 2029 Serko also provided unaudited FY24 trading update...

Auckland Airport considers bond offer

29.4.24 Auckland International Airport is considering an offer of fixed rate bonds maturing in November 2030 to New Zealand retail investors and to institutional investors. Any such offer will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of...

Westpac provides market update

23.4.24 Westpac provided a head’s up for the market this morning that reported net profit after tax in 1H24 will be reduced by A$164 million due to Notable Items. All Notable Items relate to unrealised fair value gains and losses on economic hedges and net...

AoFrio upbeat in trading update

23.4.24 AoFrio  opened the business day by proving an update on trading performance for the three months ended 31 March 2024 (Q1-2024). Revenue for Q1-2024 was $16.6m, a 13% increase compared to $14.7m for Q1-2023. EBITDA improved by $0.6m to a surplus $0.2m (loss of...