ChannelLife New Zealand - Industry insider news for technology resellers

Shareholders stories - Page 2

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Global shareholders sue 'leading' China data centre operator GDS
Wed, 3rd Oct 2018
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colocation
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m&a
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cios
The lawsuit believes GDS has been engaged in a 'ruse' to enrich insiders by acquiring data centers that aren't as valuable as the company claims.
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Aconex shareholders vote in favour of Oracle acquisition
Thu, 15th Mar 2018
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oracle
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construction
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software
Aconex shareholders back Oracle buyout; court to decide on 15 March.
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Shareholders of Yota call out company for ‘urgent action and changes’
Thu, 13th Jul 2017
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smartphones
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technology gifts
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yota
The group are ‘deeply concerned’ that China Baoli has mismanaged Yota and that there are huge changes needed for the smartphone company.
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Wynyard Group goes into voluntary administration
Wed, 26th Oct 2016
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wynyard group
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shareholders
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loan
Cyber security firm Wynyard Group has gone into voluntary administration, according to a statement from the company.
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Cirrus Networks revenue continues climb; company inks new deal
Wed, 31st Aug 2016
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local government
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cloud infrastructure
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cirrus networks
Cirrus Networks revenues for FY16 are up, but heavy investment has seen the company post a loss for the year. Meanwhile, it announces another new deal.
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EMC shareholders approve Dell merger with 98% of votes
Mon, 25th Jul 2016
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network infrastructure
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m&a
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emc
EMC have announced that its shareholders have approved the Dell merger agreement with 98% of voters in favour.
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Dick Smith shareholders told there's nothing in the bank for them
Fri, 24th Jun 2016
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dick smith
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hsbc
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nz
Dick Smith shareholders won't be recouping any of their investment, with administrators this week confirming the cupboards are bare.
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Jade Software resilient through diversification and investment strategies
Thu, 26th May 2016
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investment
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software development
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jade software
Jade Software has successfully gone global, using diversification and investment strategies that have paid off, the company reports.
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Symantec CEO exits as company reduces revenue forecast
Fri, 29th Apr 2016
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cybersecurity
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symantec
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veritas
Symantec chief executive Michael A Brown is exiting the company, with the vendor also revising its Q4 revenue forecast downwards by US$12 million.
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Wynyard inks $27 million deal with national security bureau
Mon, 11th Jan 2016
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cybersecurity
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shareholders
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canada
The Auckland-based company will provide its security solutions to help the bureau solve high consequence crime, security and big data problems.
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CSC to acquire UXC in $428 million deal
Tue, 6th Oct 2015
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uxc
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csc
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it services
CSC is in negotiations to acquire UXC in a $428 million deal which would create one of the region's largest IT services companies.
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Mako Networks debts top $30 million; $25m deficit expected
Wed, 9th Sep 2015
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physical security
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email security
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london
​Failed network management company Mako Networks has liabilities of more than $30 million, with an estimated deficit of $25m expected.
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Jade Software narrows FY loss as Master Terminal unit growth beats expectations
Thu, 21st May 2015
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nz
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christchurch
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jade software
Jade Software narrowed its annual loss as revenue at its Master Terminal port management software grew at a faster pace than expected.
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Mega's legal guns shoot down claims of 'content theft'
Fri, 15th May 2015
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martech
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commerce systems
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payment gateways
Mega, the file storage firm, has hit back at claims it profits from 'content theft' in a report calling the allegations 'defamatory'.
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Pushpay to raise $13.8 million from shareholders
Thu, 23rd Apr 2015
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pushpay
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investment
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sales
NZ mobile payment app developer Pushpay Holdings aims to raise $13.8m from shareholders through discounted share offer.
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Liquidators of China milk exporter may claw back $145,200 from Chinese directors
Tue, 14th Apr 2015
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ird
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ncf international
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nz
Liquidators of a failed milk exporting company, which became insolvent after losing an unfair dismissal case with employees, may force the company's C.
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MARKET CLOSE: NZ shares fall led by Meridian; Fliway drops on debut
Thu, 9th Apr 2015
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jobs
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christchurch
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nz
NZ shares dip as Meridian leads decline; Fliway falters after listing.
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Nuplex beefs up investment plans across Asia
Thu, 9th Apr 2015
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russia
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nuplex industries
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nz
Nuplex Industries, the specialty chemicals manufacturer, is exploring more investment opportunities across Asia, having shifted its businesses away fr.
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Chatham Rock proposes reverse listing wider mandate
Thu, 2nd Apr 2015
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nzax
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shares
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chatham rock phosphate
Chatham Rock Phosphate, which was turned down for a consent for seabed mining, has proposed a deal with associate Aorere Resources which would turn Ch.
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Fonterra says its holding its own in Canterbury as farmer suppliers look to new processors
Tue, 31st Mar 2015
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nz
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fonterra
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synlait
Fonterra Cooperative Group, New Zealand's largest dairy processor, says it's holding its own in the dairy-intensive Canterbury region, despite reports.
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Kirkcaldie taps former chief Shewell as acting CEO while hunting Milford replacement
Tue, 31st Mar 2015
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wellington
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shares
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kirkcaldie & stains
Kirkcaldie & Stains, the upscale Wellington department store, named former managing director Philip Shewell as acting chief executive while it searche.
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Failed Feltex case costs litigation funders $3.1M in costs, before disbursements
Fri, 27th Mar 2015
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first nz capital
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forsyth barr
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lawsuit
Former directors of Feltex Carpets and promoters of its 2004 initial public offering have been awarded a scaled-up $3.
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Windflow narrows 1H loss, says new financing needed
Fri, 13th Mar 2015
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licensing
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windflow technology
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sales
Windflow Technology, the unprofitable wind turbine manufacturer, narrowed its first-half loss but says it will need to borrow from its shareholders an.
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NZOG says acceptances in Cue takeover lift holding to 27%, close to target
Fri, 13th Mar 2015
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sales
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oil and gas
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shares
New Zealand Oil and Gas said acceptances under its hostile takeover offer for ASX-listed Cue Energy Resources lift its interest in the target company.