Feb 27, 2018 - Synlait (NZX: SML; ASX: SM1) has conditionally purchased 28 hectares of land in Pokeno, North Waikato, to establish their second nutritional powder manufacturing site.
Currently an undeveloped site in New Zealand’s North Island, Synlait expects to invest around $260 million in the coming years as we establish our infant base powder manufacturing capability at the site.
Feb 27, 2018 - Freshmax is thrilled to be launching their Munch’n kiwiberries into India this week. This will be the first shipment of New Zealand kiwiberries into India, as a result of a great relationship with importer Suri Agro Fresh. They have been quick to recognise a recent surge in interest for fresh berries with their consumers, and wanted to add kiwiberries to their product offering. This also complements their range of other New Zealand produce, such as kiwifruit, apples and avocados.
A Callaghan Innovation fact-finding mission next week to the world’s largest life sciences campus is part of a strategy to elevate the burgeoning New Zealand medical technology sector onto the global stage. Mike Brown, co-founder of wearable bladder sensor start-up Uri-Go, will be among a group of New Zealand innovators heading to the world’s most significant medical technology complex for the first time.
26 February 2018 - Institutional, municipal pension funds shunning oil now pressures Saudi Monarchy to accelerate IPO----Russia-China consortium prowling, waiting.
The monarchical determination by the end of this year to run a test flotation of 5 percent of Saudi Aramco with a view to realising $100 billion can now be seen as a race against time to beat the clock before more Western funds and banks turn their faces against oil.
Feb 26, 2018 - Tracking to top end of full year EBITDA guidance with implementation of strategic review underway