Allotment of Securities as Siward Investment Completes
15 February 2017
Further to the announcement by Rakon Limited (“Rakon”) on 19 December 2016, Taiwanese company Siward Crystal Technology Co. Limited (“Siward”) has today paid Rakon USD 10 million. In turn, Rakon has allotted to Siward 38,016,681 new ordinary shares and will now move to meet the requirements of a technology license signed by the parties. The allotment gives Siward an after placement stake of 16.6% in the Auckland-headquartered global technology company.
USD10 Million Investment in Rakon a Potential Game-changer
20 December 2016
Taiwanese company Siward Crystal Technology Company Limited (“Siward”) is to invest USD10 million in NZX-listed Rakon Limited (“Rakon”), a transaction Rakon Managing Director Brent Robinson says could be a game-changer for both companies.
Siward, which is listed on the Taiwan Stock Exchange (TWSE), will purchase 38 million new fully paid ordinary Rakon shares at a price of around NZD0.37 per share, giving it an after placement stake of 16.6 percent in the Auckland-headquartered global technology company.
HTV6 Countdown to Launch with Rakon Space Oscillators Inside
6 December 2016
As the clock counts down to the launch of the Japan Aerospace Exploration Agency’s (JAXA) sixth H-II Transfer Vehicle (HTV), Rakon is proud to continue its long involvement with the space industry. Due to launch this Friday, the HTV6 also known as ‘Kounotori6', will set off on its mission to deliver supplies to the International Space Station (ISS). Rakon’s space oscillators are in the latest JAXA H-II Transfer Vehicle.
RAK HY2017 Preliminary Result Announcement & Investor Presentation
Rakon Limited (RAK) released its preliminary result announcement for the half year ended 30 September 2016 to the market at around 9.00am on Thursday 17 November 2016. This was followed by a presentation by management at 11.00am by teleconference.
The Results Announcement and Investor Presentation are available here:
Download HY17 Rakon Investor Presentation