The Singaporean owner of the CDL property and Millennium & Copthorne hotel groups, Hong Leong, has reached agreement with independent directors of its London-listed hotel company on an offer price to assume full control of that London business.
Synlait Milk Ltd applied to the Supreme Court on Friday for leave to appeal over the reinstatement of land covenants on its Pokeno land.
Mercury NZ Ltd said on Friday it expected to open an offer of up to $300 million of subordinated capital bonds to New Zealand retail & institutional investors this week.
An International Monetary Fund (IMF) report on global imbalances, out tonight, makes no bones about the approach of US president Donald Trump of imposing stiff tariffs to overcome trade deficits: It’s a loser.
CDL Hospitality Trusts (as owner) and Millennium & Copthorne Hotels NZ Ltd (as manager) said yesterday they’d renewed the management lease of the Grand Millennium Auckland on Mayoral Drive for a further 3-year term from September.
Retirement village owner & operator Summerset Group Holdings Ltd has bought land for 2 new villages – the first in Whangarei & Cambridge.