Halter raises $165m, company valued at $1.65b
New Zealand tech company Halter has raised $165 million from investors in its latest fundraising round.
Ravensdown chair Bruce Wills has been returned unopposed as a North Island director for another three-year term.
Nominations closed on July 26 for candidates wanting to stand for the two available Ravensdown director positions – one in the North Island area and one in the South Island area.
As Wills was the only candidate nominated for the North Island area, there will be no election. However, five candidates were nominated for the South Island area where, incumbent director, Pete Moynihan is retiring after serving 11 years in office.
They are:
Voting packs will be posted to all South Island shareholders on August 23, 2024. Voting packs will include PIN details to enable shareholders vote to be cast online or by returning the printed voting form in a pre-paid envelope.
Voting will close at midday on 23 September.
The country's second largest milk processor hopes to produce its first commercial butter within two months.
There's no doubt that vehicle manufacturers at Fieldays saw a steady stream of rural folk treading the boards.
Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.
Farmer lobby Federated Farmers is reporting a growth in membership, for the first time in decades.
New Zealand's Ruminant Biotech says that while it has big goals, the scale of the problem it seeks to solve requires it.
The upheaval in the Middle East may have eased the fall in global dairy prices last week.
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