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

 


Haier Reaffirms Commitment to Keeping Fisher & Paykel Kiwi

28 November 2012

MEDIA RELEASE

Haier Reaffirms Commitment to Keeping Fisher & Paykel Appliances Kiwi

Fisher & Paykel Appliances Holdings Limited (Fisher & Paykel Appliances) has been delisted from the NZX. Haier New Zealand Investment Holding Company Ltd (Haier) has reaffirmed its commitment to keeping Fisher & Paykel Appliances Kiwi, even though it is no longer listed on the NZX.

Chairman of Haier New Zealand Investment Holding Company Ltd, and President of Haier White Goods Group, Liang Haishan said Haier recognised Fisher & Paykel Appliances was a unique Kiwi company.

“We think a key part of Fisher & Paykel Appliances success is driven by the culture of the company – things like inventiveness and willingness to take on the world despite its size. There is also a family spirit about the company. These things reflect New Zealand values and we want to retain them,” Mr Haishan said.

He said Haier was very firm in its intentions to supporting the existing business strategy of Fisher & Paykel Appliances, to retaining its CEO and head office in New Zealand, and to retaining the current ratio of New Zealand and Australian independent directors on the company’s board for at least the next two years, and would only change these intentions after consultation with the Fisher & Paykel Appliances board.

“We see these as clear signals of our intentions to grow Fisher & Paykel Appliances as a New Zealand company on the world stage with the backing of Haier. We are very excited by the prospect.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Net Annual Migration Passes 71,000

A record 71,300 more migrants arrived in New Zealand than left in the January 2017 year, Statistics New Zealand said today. This surpassed the previous annual record set in December 2016. More>>

ALSO:

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news