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Toll New Zealand (rolling stock and inter-island ferries) Ontrack (track and infrastructure) Formerly New Zealand Rail (1990–1995), Tranz Rail (1995–2002), Toll New Zealand (2002–2008) Kordia: 1 July 1989 Subsidiary of Television New Zealand: Formerly Broadcast Communications Limited or BCL, renamed 2006. Landcorp: 1 April 1987
The 2013 New Zealand asset sales referendum is a citizens-initiated referendum that took place by postal ballot from 22 November 2013 to 13 December 2013. It was on the Fifth National ( Key ) government's policy to partially privatise four energy-related state-owned enterprises and reducing the government's share in Air New Zealand .
Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. [1] Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
Buy–sell agreement can be in the form of a cross-purchase plan or a repurchase (entity or stock-redemption) plan. For greater neutrality and effectiveness of the buy–sell arrangement, the service of a corporate trustee is recommended. Profit or loss from a buy-sell agreement may trigger tax conquencess and taxable income. [2]
Initially the 1951 ANZUS Treaty was a fully mutual collective security alliance between Australia, New Zealand and the United States, but this is no longer the case as the United States suspended its treaty obligations to New Zealand following the refusal to allow an American destroyer, the USS Buchanan, into a New Zealand port in February 1985.
To address the economic impact of COVID-19, the Government announced various relief measures including a NZ$12.1 billion business package, a NZ$56.4 million Māori communities and businesses assistance package, NZ$27 million to support social service providers such as the Salvation Army and Women's Refuge, a NZ$1.5 billion wage subsidy scheme ...
The Companies Act 2006 is the source of shareholder pre-emption rights in British companies.Under Section 561(1) of the Companies Act 2006 a company must not issue shares to any person unless it has made an offer (on the same or on more favourable terms) to each person who already holds shares in the company in the proportion held by them, and the time limit given to the shareholder to accept ...