Fletcher Building Ltd announced today it will undertake a capital return to shareholders of up to $300 million through an onmarket share buyback.
Securities - NZ
Retirement village owner & operator Arvida Group Ltd said today it would buy 3 retirement villages in Tauranga & Queenstown for $180 million from interests controlled by Fraser Sanderson, a longtime developer.
Tourism Holdings Ltd announced an $80 million capital-raising yesterday, $30 million from a placement to Chinese Government-controlled company HB Holdings Ltd and the balance in a 1:9 rights offer.
Vital Healthcare Property Trust said today it’s signed a contract with Hawkins Construction Ltd for the first stage of a planned 3-stage redevelopment of Wakefield Hospital in Wellington.
Asset Plus Ltd shareholders voted overwhelmingly today to approve the $58 million acquisition of the Auckland Council property at 35 Graham St, above Fanshawe St and overlooking the Viaduct in central Auckland.
The Overseas Investment Office has approved the second standing consent arrangement, in each case for NZX-listed companies deemed to be overseas owned.