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News
0 Kiwi tech’s big China hope

Technology columnist Richard MacManus takes a deeper look at the opportunities in China for New Zealand technology companies and finds we have a few advantages.

In her recent annual report for the internet industry, Mary Meeker noted that “China is catching up as a hub to the world’s biggest internet companies.” Nine of the top 20 internet companies in the world, by market valuation, are Chinese. That puts China nearly on a par with the United States, where the other 11 come from.

This has huge ramifications for New Zealand’s technology sector. In particular, it opens up opportunities for our local startups to expand into China. Maybe even be acquired by one of those big nine Chinese companies.

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0 This humble Australian bee is helping to disrupt the plastics industry

It doesn’t make honey, live in a hive or have yellow stripes, but the unassuming Australian masked bee holds the key to disrupting the trillion-dollar global plastics industry.

A biotech start-up company has found the solitary masked bee’s cellophane-like nesting material is not only water-repellent, as expected, but also resistant to flames, high temperatures and strong chemicals.

Humble Bee, based in New Zealand, is now in the process of reverse-engineering the nesting material in a bid to manufacture a biodegradable alternative to plastic on a large scale and at a competitive price.

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0 BTF backs creation of Certa Therapeutics

The 2018 BIO Conference in Boston is well underway, with this year marking Queensland’s 20th mission to the conference.

In total more than 300 Australian biotechnology representatives are attending the conference. The overall delegation is led by AusBiotech in partnership with MTPConnect. Australia has consistently had one of the largest delegations to the convention.

Queensland Premier Anastacia Palaszczuk is attending the conference and said the “Discover Queensland innovation – a biotechnology showcase” event was an excellent opportunity for more than 100 delegates from Queensland to attract investment.

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0 Rangatira Investments Total Shareholder Return of 21.2%

Rangatira is pleased to report a Total Shareholder Return of 21.2% for the full year. This figure includes both dividend distribution and increase in net asset value. Directors have assessed the net asset value per share at 31 March 2018 to be $15.07, an increase of 16% over the $12.99 per share last year.

Rangatira declared a final fully imputed dividend of 36 cents, making the total dividend for the year 60 cents an increase of 11% over last year. The dividend will be paid on 18th June 2018 and the share register will close for dividend purposes on 8th June 2017.

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0 How private equity unlocked BrewGroup’s future

Finding an equity partner at the right time provides the key to going to a whole new level much faster, writes Colin McKinnon.

When Mark Hamilton arrived at Bell Tea as chief executive in 2005 he took over a business that had been under the same ownership for 50 years and was almost exclusively concerned with selling tea.

He explains: “The business was all about tea when I arrived and had been owned by Foodstuffs for 50 years. It was centred on tea as a strategic product for supermarkets and of course Bell Tea did very well at Foodstuffs outlets, but less so at the Progressive stores.

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