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27 Jul 2024

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VCT announces conditional sale agreement for its LPG assets
Vector (NZX: VCT) advises that is has entered into a conditional agreement for the sale of its liquified petroleum gas (LPG) business, Vector Ongas, and its 60.25% shareholding in Liquigas Limited, for $150 million

General Capital Subsidiary General Finance Market Update
General Capital Limited advises that its subsidiary General Finance Limited, a licensed Non-bank Deposit Taker, has uploaded its quarterly unaudited report for the quarter ended 30 June 2024 to the Disclose Register

CHATHAM ADVISES EXTENDED CLOSING DATE OF 9 AUGUST FOR SPP
WELLINGTON New Zealand – Further to Chatham Rock Phosphate Limited’s (TSXV: “NZP”, NZX: 3GRE Frankfurt Bourse “CRP” or the “Company”) press release on 28 June regarding the share offering to its existing sha

Wanaka ski fields, businesses see smaller than usual school holiday crowds
Some businesses said trading could be down as much as 40% on last July’s holiday period.

Devon Funds Morning Note - 18 July 2024
The rotation away from the technology sector gathered pace on Wednesday, with the Nasdaq posting its worst session since late 2022, with a 2.8% decline. Chip stocks drove the weakness after reports that the Biden Administration is looking at clamping down

One NZ calls for voluntary redundancies amid spend-up
The telco has asked staff to take redundancy while it plans a move to new offices and sponsorship of Christchurch stadium

‘Your baby is crying’: Uber users upset by ‘exploitative advertising’
Users of the Uber Eats app received a push notification which began, “Your baby is crying. OK we have your attention...” and went on to promote 20% off baby items.

CRP - Chatham Closes Private Placement of Shares
WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: “CRP” and “3GRE” (Frankfurt) or the “Company”) pursuant to the Company’s news release dated June 28, 2024, the Company i

GEN - Equifax reaffirms General Finance Limited's BB rating
General Capital Limited is pleased to advise that global credit rating agency Equifax Australasia Credit Rating Pty Ltd (Equifax) has reaffirmed the financial strength rating of General Capital’s 100% owned subsidiary

Wellington’s secret designer home inspired by New York lofts
It was about to be bowled to make way for a hotel, but this vintage industrial space was rescued by a man with a vision.

Acceleration of expressway will be transformative for Northland economy says EMA
The Employers and Manufacturers Association (EMA) says the Government’s decision to accelerate the delivery of a new expressway to Whangarei is welcome news for businesses across the region and will help transform the Northland economy

Australian firm bids to take over Warehouse Group
Australian private equity group has launched a bid to acquire all shares and de-list the retailer from the NZX. It has the backing of founder Sir Stephen Tindall.

The Warehouse Group - Proposed Scheme of Arrangement
The Warehouse Group Limited (NZX: WHS) ("Company") advises that this morning it received from private equity firm, Adamantem Capital Management Pty Ltd (as manager of the Adamantem Capital Fund II), an unsolicited, non-binding

Winton announces timing of its Annual Results
Winton's annual results for FY24 will be announced before NZX trading begins on Friday 23 August 2024

Fletcher Building Announces Director Appointment
Auckland, 22 July 2024: Fletcher Building today announced the appointment of Tony Dragicevich as a non-executive director of the Company effective 1 August 2024. The Board has determined that Mr Dragicevich is an independent director.

Meridian issues new demand response exercise notice to NZAS
Meridian Energy has issued New Zealand’s Aluminium Smelter (NZAS) with a new, larger demand response notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement), revoking and replacing the earlier demand response notice issued o