As part of the compromise, two of James Grenon’s former director nominees would get positions with the company.
Special meeting approves crucial $217.8m share issue to Bright Dairy and A2 Milk.
A week before Naomi James was announced as retirement village operator’s new CEO, she spoke to NBR about managing the transformation of Channel Infrastructure.
The funds will be used to expand to the US and Southeast Asia.
The shareholders’ association says it prefers entitlement offers, as airport looks to maintain its credit rating amid capex spend-up.
Non-binding indicative offer proposal from Being AI doesn’t have a cash-only component, SDL notes.
NZX and ASX-listed airport company needs fund to pay for integrated terminal build, to be led by Hawkins.
Syndicate of eight banks agree new one-year loan facilities, conditional on forthcoming equity raise.
The investment comes ahead of a planned $10m-$15m capital raise to help reduce debt.
Being AI’s share price has fallen on the news, while Solution Dynamics has gone into a trading halt.