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Promisia breaches banking covenant

The supplement maker turned aged care provider has requested a waiver from BNZ.

Andrew Bevin Tue, 31 Aug 2021

NZX-listed supplement maker turned aged care provider Promisia Healthcare has breached a banking covenant in the quarter ended June 30.

Promisia was originally listed on the NZX in 1983 as goat embryo transfer technology company Genestock NZ, but has reinvented itself several times since.

The

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Andrew Bevin Tue, 31 Aug 2021
Contact the Writer: andrew@nbr.co.nz
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Promisia breaches banking covenant
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