Tegel Group Holdings' share sale has at least some passing similarities to that of Scales Corp, which went public in 2014.

The first IPO of the year was oversubscribed, says Tegel, but shares are being issued at $1.55 each.

New Zealand shares rose to a record amid speculation Z Energy's application to buy the Caltex chain will be approved.

Demand for Tegel's shares is strong, but mum and dad investors are encouraged to approach with caution.

Infant formula and health supplement firms are taking a sharemarket pounding today.

The companies have signed a scheme implementation agreement, which values Nuplex at $5.55 a share.

Could newly listed health supplements maker Oceania Natural be benefiting from the Blackmores effect?

The NZX is expected to announce plans for a new milk futures contract tomorrow, which will be aimed at picking up where Fonterra's controversial guaranteed milk price scheme left off.

Shares in Oceania Natural rallied after the supplement maker became the third company to list on NZX's new NXT market.

An executive reshuffle at ikeGPS will see the departure of the developer's chief financial officer and senior vice-president of sales.

Vista Group could be on its way to joining the S&P/NZX 50 after major shareholders sold a quarter of the cinema software developer.

20 shareholders in VistaGroup International will sell about a quarter of the company's stock to institutions and retail brokers at a 6.3 percent discount.

New Zealand shares rose, following international markets, with ANZ Banking Group, Genesis Energy and SkyCity Entertainment Group leading the index.

Property developers John and Michael Chow have reduced their holding in Chow Group as part of their efforts to meet NZX listing requirements.

Auckland Airport hit an impressive milestone this week as its market capitalisation sailed across the $8 billion mark for the first time.

The Serious Fraud Office has ended its three-year contract with Wynyard a year early because the software could not deal with some of its accounting documents.

Wynyard Group has signed a $3.3 million contract with a consulting and risk management firm as it finalises rights offer.

Major shareholders will effectively get a further 4 per cent discount for committing to the $30 million rights offer.

Coats Group, the UK-based threadmaker that grew out of diversified investor Guinness Peat Group, has committed to retaining the $708 million generated from asset sales

Our sharemarket's biggest company, Auckland Airport, is proving somewhat of a conundrum to analysts, investors and fund managers.

Wynyard Group says a planned share placement is no longer viable and is considering other capital raising options including a rights offer.

Shareholders are being told to vote against a takeover bid for the technology company.

Businessman Peter Huljich and entities linked to him are set for a $26 million pay out if the Diligent Board Member Services takeover goes ahead.

Nuplex has been in secret talks with one of its rivals and says it has received a good offer.