Chinese controlled-NZ's Synlait Milk planning share issue
date:May 14, 2013
et profit of NZ$6.3 million in the year to July 31 2012.

No details of how many shares will be sold nor how much is being sought from the IPO have been given, nor a timetable for when it might occur and list on the local exchange.

First NZ Capital and Goldman Sachs have been appointed by Synlait Milk as joint lead managers of the proposed IPO.

The planned float is the latest for the local stock exchange, which last week saw the NZ$1.7 billion partial float of state-controlled power company Mi
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