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Rakon Sells Shares At $1.15 Each To Raise $45 Million

Rakon Sells Shares At $1.15 Each To Raise $45 Million
Wellington, Sept 23 NZPA - Electronics company Rakon Ltd has raised $45 million by selling shares to institutional shareholders.

Rakon Plans $65m Expansion In China

Rakon Plans $65m Expansion In China
Wellington, Sept 22 NZPA - Technology company Rakon will try to raise $65 million on the share market to expand its operations in China, the company said today.

Sharemarket Dips Slightly In Early Trading

Sharemarket Dips Slightly In Early Trading
Wellington, Sept 22 NZPA - The New Zealand sharemarket dropped slightly in opening trading this morning. The benchmark NZSX-50 index, which ended yesterday at 3155.654, was down 4.374 points, or 0.14 percent, to 3151.280 at 10.15am.

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