Summerset buys beside KiwiRail site – Precinct settles Wellington sale – Bensemans lifted Allied Farmers stake – Brierley lifts Kirkcaldie’s stake
Revaluations lift Vital portfolio by 12% – Allied Farmers completes Speirs settlement
Kirkcaldie & Stains makes half-year loss – New Darwin community levy to hit SkyCity – Allied Farmers plans capital-raising – Argosy makes 3% revaluation gain, sells Allens Rd property – NZF reverse-listing deal falls over
Allied Farmers Ltd chairman Garry Bluett said on Monday the company had entered into an agreement to fully & finally settle all outstanding debts & obligation to its first-ranking secured lender, Crown Asset Management Ltd.
Allied Farmers Ltd improved its half-year result in the 6 months to December 2013, but was still in the red – down from a $5.5 million loss in the December 2012 half to a loss of $468,000 in the latest period.
Allied to settle with Speirs next week – 3-nation growth for Michael Hill, but NZ down – Strong Christmas helps Warehouse recovery