News
0 SLI growth close on forecast

Shares in NZX-listed e-commerce company SLI have jumped after it reported a 16 per cent rise in revenues in the year to June.

The to $22 million revenue was roughly in line with its prospectus forecast of $22.2m. However, its annualised monthly revenue in June was $25m, a little further shy of its $26m prospectus forecast.

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0 Scales gets set for growth after debut

With its sharemarket listing completed Scales Corporation is poised for expansion, particularly in Asian markets, says managing director Andy Borland.

Shares in the Christchurch-based company were issued in the initial public offering (IPO) at $1.60 and first traded at $1.61 before falling to close at $1.58 last night.

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0 Media Release: Seed Fund hits maiden ton

The New Zealand Venture Investment Funds Seed Fund is now investing $5 million a year into start-ups alongside angel investors, and recently invested into its one hundredth company.Media Release: Seed Fund hits maiden ton
24 July 2014.

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0 Griffin’s to ramp up exports says incoming CEO

Griffin’s Foods, the maker of Gingernuts and Eta brand snacks, plans to lift exports to more than 50 per cent of sales within five years by leveraging new owner Universal Robina Corp’s links in southeast Asia, says incoming chief executive Alison Taylor.

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0 Griffin’s deal takes biscuit

Australia’s Pacific Equity Partners (PEP) came close to doubling its money on New Zealand’s biggest snack food company, Griffin’s Foods, which it sold yesterday for $700 million to Universal Robina of the Philippines.

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