KPMG says that if proposed takeover of listed honey company fails then there is uncertainty as to how it will meet its debt obligations.
NZ and US businesses underperform, while discretionary bonus climbs by a fifth for the year to $30.5m.
The company’s top brass fronted what was at times a fiery annual shareholders meeting in Christchurch this morning.
The South Island milk processor updates the market on guidance for its full-year result.
Airline’s chief digital officer to replace Greg Foran from October 20.
‘We were working on trying to trade our way out, but it became apparent that wasn’t going to happen,’ chair Grant Baker says.
King Honey Ltd and King Honey Holdings have had receivers and liquidators appointed.
Lindsay Wright, Vince Hawksworth, and Tarek Robbiati will join the dual-listed telco’s board over the next few months.
ASX-listed Bapcor’s New Zealand portfolio includes the Midas and Battery Town brands, as well as wholesale channels.
Peterson, who will depart next year, says the time is right for him to stand down.