Is marked Price Sensitive
Big deal ……good on Hipkins enabling multi-million deals like this to happen
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Surprises me that NZ companies and businesses have not worked out yet imho that signing a MOU with an Asian company (especially China & Korea) is their way of diplomatically saying no or more major price concessions required.
Anyone seen any meaningful deal resulting from the thousands of MOUs signed with Asian companies over the decades?
Similar to the Japanese saying ‘very hard, balance-san’ when I used to sit across the negotiating table with them. They are too polite to say ‘No’.
Good PR for Comvita though and kudos to Hipkins for bringing a huge contingent of NZ businesses to tag along for the ‘opportunities’.
https://www.nzx.com/announcements/414105
No further details at this stage, other than no impact to FY23 guidance.