ContainerCo (NZL) is weighing up options to fund "significant growth opportunities" to beef up the container depot operator's level of automated equipment and potentially see it expand overseas.
The Auckland-based company hired investment bank Cameron Partners to advise on its options and spent $377,402 on initial public offering related costs in the year ended March 31, its annual report says. Since the March 31 balance date, ContainerCo has "commenced preparatory work to raise additional capital and list on the NXT board of the New Zealand Stock Exchange," it said.