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Craig Norgate

NZFSU cuts more ties with PGG Wrightson

NZFSU cuts more ties with PGG Wrightson
Wellington, Oct 14 NZPA - New Zealand Farming Systems Uruguay Ltd (NZFSU), the dairy farm developer now majority owned by Singapore's Olam International Ltd, is cutting more ties with former shareholder PGG Wrightson Ltd.

Receivers for RPC finish asset sales

Wellington, May 18 NZPA - The receivers of the assets of Rural Portfolio Capital (RPC) and Rural Portfolio Investments (RPI), companies associated with businessman Craig Norgate, have raised a total of $29.1 million from two blocks of shares.

Strong start by NZ sharemarket peters out

Strong start by NZ sharemarket peters out
Wellington, May 11 NZPA - New Zealand shares closed a touch weaker today despite some strong gains for smaller stocks, as investors turned cautious while global markets lurched.

RPI sells 48.46 million PGG Wrightson shares

RPI sells 48.46 million PGG Wrightson shares
Wellington, April 21 NZPA - Rural Portfolio Investments Securities Ltd, a company associated with businessman Craig Norgate, has sold 6.39 percent of PGG Wrightson Ltd to raise $27.136 million.

PGG Wrightson Reports $4.1m Half Year Profit

PGG Wrightson Reports $4.1m Half Year Profit
Wellington, Feb 25 NZPA - Rural services company PGG Wrightson reported half year profit of $4.1 million, compared to a year earlier loss of $32.8m, but revenue was hit by lower farm gate returns for the company's customers.

The Brave Were Rewarded This Year On The Sharemarket

By Pam Graham of NZPA Wellington, Dec 23 NZPA - It was carnage out there at times on the New Zealand sharemarket this year and yet the price market operator NZX trades at on its own exchange doubled.

PGG Wrightson Ready To Repay Bank Debt After Rights Issue

PGG Wrightson Ready To Repay Bank Debt After Rights Issue
Wellington, Dec 23 NZPA - Rural services company PGG Wrightson Ltd said today it had allotted all shares in its rights offer, raising about $180.7 million.

PGG Wrightson Capital Raising To Be Followed By Board Changes

PGG Wrightson Capital Raising To Be Followed By Board Changes
Wellington, Nov 20 NZPA - PGG Wrightson has unveiled a $249.4 million recapitalisation to be followed by a boardroom shake-up reflecting radically-altered ownership.

Fonterra's High-Cost Executives Grow Faster Than Its Revenue

Fonterra's High-Cost Executives Grow Faster Than Its Revenue
Wellington, Oct 28 NZPA - A decade on from the nation's dairy farmers being promised the Fonterra mega-merger would deliver big boosts in payouts, the cooperative's New Zealand executives appear to have done better out of the deal than the cockies.

$67m Loss For NZ Farming Systems Uruguay

$67m Loss For NZ Farming Systems Uruguay
Wellington, Aug 26 NZPA - New Zealand Farming Systems Uruguay (NZFSU) today posted a net loss of $US45.9 ($NZ67.79) million ($US8m last year) for the year to June 30.

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