FINWIRES · TerminalLIVE
FINWIRES

Stride Property Group Chair Resigns

By

Stride Property Group (NZE:SPG) said that Chair Tim Storey has resigned, effective immediately, as part of his planned retirement ahead of the upcoming annual shareholder meetings, according to a Tuesday filing with the New Zealand bourse.

David Green has been appointed as independent chair of the board, effective Tuesday, the filing added.

The company's shares fell 1% in recent Tuesday trade.

Related Articles

Asia

Australian Finance Group Launches On-Market Share Buy-Back Program; Shares Hit Near Two-Year Low

Australian Finance Group (ASX:AFG) launched an on-market share buy-back program of up to AU$15 million, according to a Tuesday filing with the Australian bourse.The company plans to start the buy-back from June 16 for up to six months, ending on Dec. 15, unless terminated or completed earlier, the filing said.The maximum number of shares that may be acquired under the buy-back is roughly 9.7 million, representing about 3.5% of the company's current issued capital, per the filing.Shares fell 5% in morning trade on Tuesday and earlier reached their lowest since July 2024.

$ASX:AFG
Asia

Vector to Retain Ownership of Fibre Business Following Strategic Review

Vector (NZE:VCT) decided to retain ownership of its Fibre business following a strategic review, according to a Tuesday New Zealand bourse filing.Vector Fibre will continue delivering to its customers and pursuing growth opportunities, including through data center and 5G expansion in Auckland, the company added.The company's shares fell 1% in recent Tuesday trade.

$NZE:VCT
Asia

Black Bear Minerals Awards Restart Studies to Ausenco for Texas Silver Project

Black Bear Minerals (ASX:BKB) awarded the next phase of operational restart studies for its Shafter Silver Project in Texas to global engineering firm Ausenco, through its US-based entity Ausenco Engineering USA South, according to a Tuesday Australian bourse filing.The company said the expanded scope will focus on staged technical de-risking and bankable feasibility studies, process trade-off studies, metallurgical test work, mine planning, environmental and preliminary restart execution planning, with the studies to refine restart plans and costs identified in dilapidation studies at the project, which has an estimated AU$150 million of existing infrastructure.Ausenco received a non-binding letter of support from Export Finance Australia (EFA) for potential financing activities associated with the award, and Black Bear Minerals is also advancing talks with US government stakeholders and private-sector counterparties aligned with strategic domestic silver supply objectives, the filing added.

$ASX:BKB