Shares in Christchurch-based retirement village operator Ryman Healthcare have jumped by 5.2pc after it reported a record $84m profit.

Retirement village operator Ryman Healthcare has posted its 10th successive annual profit increase.

Metlifecare, the retirement village operator, sold shares to institutional and experienced investors at a 7.1 per cent discount as part of its capital raising.

Metlifecare, the retirement home operator, is to seek up to $45.5 million in new capital, while 82 per cent-owner Retirement Village Group will sell down its stake.

Aged care experts want a nationwide review of rest home meals after revelations large numbers of elderly people are malnourished.