Rangatira Shareholder Day 16 May 2019
Events Or Meetings

Rangatira Shareholder Day

16 May 2019

Rangatira Shareholder Day, 16 May 2019

Rangatira has released the Report from the Shareholder Day 16 May 2019.

Company Update

  • Completed Heller’s investment in Moira Mac and successfully sold our position in Heller’s in Q4 2019, maintaining the stake in the Christchurch property
  • Reset and increased our Listed Equity portfolio, this included appointing an External Manager to manage some of our International Equity portfolio
  • Increased our stake in Magritek
  • Expect to complete one more small investment in June
  • As at September our net asset value was $14.72 per share, after full year dividend of 60 cents for 2018 (4.0% of NAV)
  • Added new staff-Chris Westbury, Kurt Purdon and Ali Brown –total of 4.5 FTE


+ Text Size -
Do NOT follow this link or you will be banned from the server!