Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search NCM Listing


A successful capital raising for meant that the offer of $600,000 was fully subscribed when the company listed on the NZSE's New Capital Market (NCM) today. is the first financial services focussed company to list on the NCM. The three week offer period attracted over 320 New Zealand investors.

"The NCM listing will make our businesses more transparent than ever," said director, John Reuhman.

"As well as making us the only locally listed stockbroker in New Zealand, the NCM gives our clients the protection of increased compliance procedures," he said.

The directors of have identified the acquisition of Reuhman and Co., a Member Firm of the NZSE, an investment banking firm, and the New Zealand Investment Journal, as a Potential Key Transaction.

Wellington broker Reuhman and Co. has been operating for seven years, and is focused on two market niches, portfolio management for affluent private investors and investment banking for applied technology companies. Successful capital raisings they have organised include Submarine Adventures and GreenTek.

New Zealand Investment Journal Limited has published the New Zealand Investment Journal 11 times a year since 1994 and is a leading non-advice financial intermediary and investment information provider, offering free entry into managed funds. was listed today, there were no trades but buy orders at 50c and sell orders at 55c.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news