George Adams: Synlait Board Chair ahead of the vote on a proposed capital raise

The Mike Hosking Breakfast

Contenuto fornito da NZME and Newstalk ZB. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da NZME and Newstalk ZB o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

2M ago 4:19

MP3•Pagina principale dell'episodio

Synlait could be going from the cream of the crop to skimming the edge of survival.

Shareholders of the dairy processor are gathering at its Dunsandel site today to vote on a proposed $218 million capital raise.

Board chair George Adams told Mike Hosking his confidence is high, and it would allow Synlait to move forward from the de-leveraging.

He says they'll then focus on drawing their farmers back and delivering good business.

If voted down, Synlait has warned it will end up in some sort of insolvency process.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

5986 episodi

#New Zealand Current Affairs #New Zealand #NZME #Newstalk ZB #News