Pioneer Credit acquires debt portfolio from Max Recovery Australia

SYDNEY: Pioneer Credit Limited has acquired a significant Part IX (Insolvency) Debt Portfolio from Max Recovery Australia Pty Ltd (‘Max’) for a total consideration of $15.8m. Max Recovery Australia recently…

NNR February 25, 2024

Australian Exchange

Summerset Group posts record profit and growth despite challenges

SYDNEY: Summerset Group Holdings Limited, a leading retirement village operator in New Zealand and Australia, announced a record underlying profit of NZ$190.3 million for 2023, up 11.0% from 2022. The…

NNR February 25, 2024

Australian Exchange

CDL Investments reports lower profit but optimistic outlook for 2024

AUCKLAND: CDL Investments New Zealand Limited (NZX: CDI), a residential property developer, announced its results for the year ended 31 December 2023 today. The company reported a profit after tax…

NNR February 25, 2024

Australian Exchange

Goodman Property Trust to internalise management, launch funds platform

Goodman Property Trust (GMT), a leading owner of Auckland logistics property, has announced a proposal to internalise its management and establish a property funds management business. The proposal, which requires…

NNR February 25, 2024

Australian Exchange

TruScreen CEO resigns, interim CEO appointed

TruScreen Group Limited (NZX/ASX:TRU), a company that develops and sells cervical cancer screening devices, announced today that its CEO, Dr. Beata Edling, has resigned for personal reasons. Edling, who led…

NNR February 23, 2024

Australian Exchange

Objective Corporation reports strong first half results and outlook for FY2024

SYDNEY, AUSTRALIA: Objective Corporation, a leading provider of software solutions for the public sector, has announced its financial results for the first half of FY2024, showing continued growth in annual…

NNR February 22, 2024

Australian Exchange

Torpedo7 sold for $1 to Tahua Partners Limited

AUCKLAND: The Warehouse Group has sold its outdoor brand Torpedo7 to Tahua Partners Limited, a 100% Kiwi owned and operated business, for $1. The deal will allow The Warehouse Group…

NNR February 22, 2024

Australian Exchange

Comvita Limited receives takeover offer from mystery offshore party

AUCKLAND: Comvita Limited, the global leader in Mānuka honey and bee consumer goods, has announced that it has received a non-binding indicative offer (NBIO) from an undisclosed offshore party to…

NNR February 22, 2024

Australian Exchange

LGI Limited announces Jarryd Doran as new CEO

SYDNEY, AUSTRALIA: LGI Limited, a leading waste management company, has announced a change in its top leadership as part of a planned succession. Jarryd Doran, the former Chief Operating Officer,…

NNR February 22, 2024

Australian Exchange

Technology One reports record results and optimistic outlook

SYDNEY, AUSTRALIA: Technology One Ltd (ASX: TNE), a leading provider of enterprise software solutions, today conducted its Annual General Meeting and announced its financial results for the fiscal year 2023.…

NNR February 21, 2024

Australian Exchange

Maas Group sells self-storage portfolio to National Storage REIT

SYDNEY, AUSTRALIA: Maas Group Holdings (ASX: MGH) has agreed to sell its current self-storage portfolio to National Storage REIT (ASX:NSR), the leading self-storage owner and operator in Australia. According to…

NNR February 21, 2024

Australian Exchange

Orica to buy US sodium cyanide maker Cyanco for $640 million

SYDNEY, AUSTRALIA: Orica, the world's largest provider of commercial explosives and blasting systems, has announced a deal to acquire Cyanco, a US-based leader in the manufacture and distribution of sodium…

Chenos Kahn February 21, 2024