The deal means the company has fended off administration, for now.
One analyst believes the retirement village operator ought to consider a cap raise to help grow in Australia.
Sales improve but rising costs and lower demand from key customers segments affect HY result.
Listed transport and logistics company puts a sharp focus on cutting costs and improving margins.
The company expects its annual operating profit to come in at the lower end of guidance.
The NZX-listed medicinal cannabis company still has cashflow pressures.
Crescent Capital Partners offered 8c a share last December, valuing the business at about $14.8m.
NZX-listed media company NZME announced a strategic review of its property listing business yesterday.
The company says it is still ‘rebuilding trust’ with customers.
New Zealand’s KFC helped the fast-food operator to a finger lickin’ good performance last year, while Australia and California didn’t fare quite so well.