Raising capital from existing investors and the public can be challenging, particularly when you are facing the numerous requirements of the Financial Markets Authority (FMA) and related financial markets legislation. However, when done properly, the result can be massively successful for all involved. Cavell Leitch recently advised Shopping Centre Investments Limited (SCIL) with their public capital raise. SCIL owns ‘The Hub’ shopping mall in Hornby. The result was phenomenal with SCIL raising their target of nearly $14 million in less than 3 weeks on the market. This was achieved through great insight, planning and performance from the directors and their advisors.
Nearly all New Zealander's are concerned about the future quality of our freshwater. On 3 July 2014 the Government released the new National Policy Statement for Freshwater Management (NPS-FM). This policy includes practical measures needed in order to improve the water quality of New Zealand's freshwater bodies.