New Zealand's Veritas Investments extends gains to touch an over 8-mth high

Good Spirits Hospitality

22/05/2018 24:20

** Shares of investment company Veritas Investments Ltd
 VIL.NZ  rise as much as 3 pct to NZ$0.103, its highest since
Aug 30, 2017
    ** Co said on Monday a unit of financial services group
Nomura Asia Holding N.V agreed to provide NZ$27.5 mln ($19.12
mln) in credit facilities  urn:newsml:reuters.com:*:nFWN1SP0Z1
    ** Said it will grant warrants to Nomura to acquire up to
19.9 pct of ordinary shares for no consideration
    ** Stock on track to end higher for a fifth straight session
    ** 200,000 shares have changed hands, compared with the
30-day average volume of 72,483 
    ** Stock is the second biggest percentage gainer on the NZX
All Capital Index  .NZCI  and its share price has doubled this
year by Monday's close

 ($1 = 1.4380 New Zealand dollars)

 ((Reuters Messaging:
nicole.pinto.thomsonreuters.com@reuters.net))