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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".
Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront. On March 6, 2006, John Fairfax Holdings agreed to buy Trade Me for NZ$700 million, plus another NZ$50 million if financial targets were met over the next two years. Sam Morgan received $227 million (excluding future bonuses ...
By 2013 foreign ownership in New Zealand had increased dramatically from $9.7 billion in 1989 to $101.4 billion – an increase of over 1,000%. [2] Between 1989 and 2007, foreign ownership of the New Zealand sharemarket went from 19% to 41% but has since dropped back to 33%.
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Kiwi Income Property Trust acquired New Zealand Land Limited in 1994; which held a total portfolio of nine properties. In 1995, the business purchased 11.8 hectares of land in a 'brown zone' area, Mt. Wellington , for $9.75 million and spent a further $20 million in 1999 to acquire a neighbouring 9.1 hectare site.
Auckland CBD contains New Zealand's largest concentration of multi-story commercial buildings and businesses The Kinleith Mill, part of the forestry sector in New Zealand The Tiwai Point Aluminium Smelter, opened in 1971. This is a list of notable companies based in New Zealand, a country in Oceania.
New Zealand [4] Auckland Real Estate Trust NZX: AKL: Allied Farmers NZX: ALF: New Zealand [5] Australia & New Zealand Banking Group: NZX: ANZ: Australia [6] The Asia Pacific Trust NZX: APA: New Zealand [7] Asset Plus NZX: APL: New Zealand [8] ArborGen Holdings NZX: ARB: Argosy Property NZX: ARG: New Zealand [9] Arvida Group NZX: ARV: New ...
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