SM1 Synlait Milk Ltd
- 0.300
- -0.040-11.76%
Synlait Milk Ltd News
Synlait Milk Shareholders Approve NZ$130 Million Loan From Bright Dairy
Synlait Milk's (ASX:SM1, NZE:SML) shareholders voted in favor of a NZ$130 million loan from shareholder Bright Dairy International Investment, according to a Thursday filing with the Australian and
Synlait Milk Shares Surge 52% After Key Refinancing Approval
Synlait Milk (ASX:SM1) shares jumped 52% yesterday after shareholders approved the first step of a complicated refinancing of the struggling company's debt and finances.The shares leapt to a day's
New Zealand Shares Rise on Lower Food Prices; Promisia Healthcare to Launch Share Purchase Plan, Placement
New Zealand shares rallied on Thursday's close following a report that annualized food prices fell for the first time since 2018, providing additional evidence of the further tempering of inflation
Synlait Milk Enters Trading Halt Awaiting Key Vote
Synlait Milk Limited has requested a trading halt on their securities, including equity and debt, pending a special shareholders’ meeting where a resolution on a shareholder loan proposal will be voted upon.
A2 Milk Shares Lift Amid Backing for $130 Million Synlait Loan
A2 Milk Co Ltd (ASX: A2M) shares are in the green today.
Synlait Milk Gets A2 Milk's Vote Assurance for NZ$130 Million Shareholder Loan
Synlait Milk (ASX:SM1, NZE:SML) received support from a2 Milk (ASX:A2M, NZE:ATM) for the proposed loan amounting to NZ$130 million from a shareholder, according to a Thursday filing with the
New Zealand Shares Jump on Positive Central Bank Outlook
New Zealand shares jumped on Wednesday's close following the Reserve Bank of New Zealand's outlook that interest rates may reach the targeted inflation band by the second half of the year.The S&P/
Synlait Milk Says A2 Milk Yet to Back AU$130 Million Bright Dairy Loan
Synlait Milk (ASX:SM1, NZE:SML) said A2 Milk (ASX:A2M, NZE:ATM) has not advised how it will vote on the proposed AU$130 million loan from 39% shareholder Bright Dairy International Investment, accordi
High-stakes Dairy Drama
A high-stakes game of dairy "Russian Roulette" is unfolding across the Tasman between struggling Synlait (ASX:SM1) and its once-close buddy and customer (and shareholder), a2 Milk (ASX:A2M).After year
Synlait Milk Signs Banking Facility Amendment, Waiver Documentation
Synlait Milk (ASX:SM1, NZE:SML) and its lenders signed the papers outlining the amendment and waiver requested in relation to the company's banking facilities, according to a Wednesday filing with the
Synlait Seeks Shareholder Approval for Critical Loan
AU Morning Wrap: ASX Rises; Paladin Plummets
ASX rises; Paladin plummets. Stocks to watch: Paladin Energy, Healius, Synlait Milk, Coronado Global Resources.
Worrying Signs for Synlait's Dunsandel Facility -- Market Talk
Signs that Synlait Milk's farmer suppliers are thinking about ceasing supply from August 2025 raises concerns over the viability of the dairy company's Dunsandel facility, Bell Potter analyst Jonathan Snape says.
Synlait's Financial Challenges and Road to Recovery
Another struggling Kiwi-listed company is Synlait (ASX:SM1); its market position has deteriorated with weaker sales, high costs, and a major falling out with its major customer, A2 Milk.Synlait shares
Synlait Milk Ltd: Market update deleveraging plan, bank covenants, guidance
Synlait Milk Affirms Milk Price Forecast for Current Season, Flags 'Conservative' Projection for 2024/2025
Synlait Milk (NZE:SML, ASX:SM1) affirmed its forecast price for the current season, but gave a "conservative" projection for 2024/2025 to reflect the volatility in commodity prices, according to a Fri
Synlait Milk Ltd.: John Penno to Step Down From Bd.
Synlait Milk Ltd.: John Penno to Step Down From Bd.
Synlait Milk Appoints Chief Commercial Officer, Acting CFO
Synlait Milk appointed chief finance officer Rob Stowell as chief commercial officer, effective immediately,
AU Morning Wrap: Australia Shares Shaping for Higher Open
Stocks to watch: Ansell, Synlait Milk, Woolworths.
ASX Weekly Report For 1 April to 5 April 2024
An Easter holiday shortened week saw equity markets around the world pull back from record highs.
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