ASHBURTON GUARDIAN, Tuesday, June 25, 2013
COURT
Thief ‘too drunk to remember taking bags’ Jayden Shane Alexander, 20, unemployed of Hampstead, said he was too drunk to remember walking into Ashburton Borough School and uplifting three children’s backpacks on May 23. However an alert teacher saw him and called the police, who soon found Alexander in the Ashburton Library and recov-
ered the backpacks. Yesterday, in the Ashburton District Court he had nothing to say to Judge Noel Welsh, who called his actions low, meanspirited and cowardly. When asked to explain his offending, Alexander replied “no comment” – he was sentenced to 180 hours of community work, and nine months’ supervision
– to include alcohol and drug assessment and treatment as directed. Sean Timothy Burgess, 25, a dairy farm worker, of Ashburton, pleaded guilty to possessing a cannabis pipe. The court was told Burgess was part of a community work party at Fairton, when he was
warned not to stray out of sight. Shortly afterwards, the supervisor discovered Burgess packing a pipe with cannabis. “What a dumb thing to do – smoking the peace pipe at community work,” Judge Noel Welsh said, before fining Burgess $400 and ordering him to pay court costs, at $50 a week.
Drink-driver ‘lucky to be alive’ The following people appeared before Judge Noel Welsh in the Ashburton District Court yesterday.
Driving matters
Darryl Adrian Mead, 24, a seed cleaner of Ashburton, was convicted of drink-driving with an excess blood alcohol level of 184 milligrams per 100 millilitres of blood, when the legal limit is 80 milligrams. He was sentenced to 100 hours’ community work and disqualified from driving from 12 months, during which time he was also prohibited from owning or holding an interest in a motor vehicle. Mead’s vehicle was written off after it left the road and slammed into a large concrete block on the evening of June 11. Judge Welsh said Mead was lucky to be alive, noting that
his record was “littered” with driving offences, and that a previous supervisory sentence had not helped curtail his offending. “The best we can do is keep you off the road for as long as possible,” the judge said. Trent William Roulston, 20, a brick layer of Tinwald, was convicted for drink-driving with an excess breath alcohol level of 741 micrograms per litre of breath (EBA 741mcg), when the legal limit for drivers over 20 years is 400mcg. He was fined $640, order to pay court costs ($130), and disqualified from driving for six months. Steven Kennedy, 41, a freezing worker of Allenton, was convicted of drink-driving (EBA 710mcg); he was fined $800, ordered to pay court costs, dis-
qualified for nine months, and prohibited from owning a vehicle for 12 months. Ryan William Fahey, 19, of Ashburton, was convicted of drink-driving (EBA 517mcg); he was fined $400, ordered to pay court costs and disqualified from driving for six months. Christopher Anthony Kelleher, 58, of Rakaia, was convicted of drink-driving (EBA 641mcg); he was fined $500, ordered to pay court costs and disqualified from driving for six months. Malcolm John Broad, 56, a panel beater, of Rakaia, was convicted of drink-driving (EBA 534mcg); he was fined $600, ordered to pay court costs and disqualified from driving for six months.
Tepiwa Pohiahia Grey, 28, of Hampstead, was convicted of drink-driving (EBA 653mcg), and driving while his licence was revoked. He was fined $500, ordered to pay court costs on both matters, and disqualified from driving for six months. Gerrad Naera Wainohu, a plasterer of Ashburton, was convicted on a third count of driving while suspended; he was sentenced to 100 hours’ community work. Brandon Michael CampbellMatahaere, 19, a herd manager of Ashburton, was charged with wheel spinning under boy racer legislation. He was convicted and fined $1000 and disqualified from driving for nine months.
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AMp -.55 Tenon -.06 oceanaGold Corp (NS) -.08 Cavalier Corp -.06 Scott Technology -.07 Kathmandu -.07 Sky Network TV -.12 Chorus limited -.05 Warehouse Group -.07 NZ oil & Gas -.015
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0.8426 0.8431 0.5029 0.5032 0.8123 0.8129 0.5895 0.5897 1.4414 1.4668 76.0100 76.0400
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Terry’s hot deal
Charges ‘simply nonsense’ By Rebecca Quilliam United Future leader Peter Dunne says a private prosecution being brought against him by a former accountant is “nonsense”. Wellington man Graham McCready filed papers yesterday at the Wellington District Court and sent documents to Mr Dunne. Mr Dunne said he received the documents yesterday, but had not had a chance to get a legal opinion on them. He said his initial reaction was that the charges were “simply nonsense”. Mr Dunne is the third politician Mr McCready has targeted for prosecution, alongside ACT leader John Banks and Labour MP Trevor Mallard. Mr McCready has accused Mr Dunne of fraud by receiving $3846.10 between April 30 and June 1 as a fortnightly instalment of his $100,000 payment as a leader of a registered political party. During this time the party had determined there were insufficient numbers to declare
Peter Dunne United Future had 500 members, and Speaker David Carter had made no determination that Mr Dunne could keep the money in the meantime, Mr McCready said. “Mr Dunne finds himself in the same position as a welfare beneficiary who has had a substantial change of circumstances, takes no steps to alert WINZ of the change and continues to receive the money when he has
no ‘colour of right’ to receive it. “Nor did he take any steps to return the money or hold it in trust.” Mr McCready also alleged Mr Dunne disclosed the existence of the Ketteridge Report into the GCSB inquiry; disclosed he had a copy of the report; and that he disclosed in whole or part its contents to Fairfax reporter Andrea Vance. Mr McCready had also requested 86 emails sent between Mr Dunne and Ms Vance under the Official Information Act. Mr McCready is bringing a private prosecution against Mr Banks for knowingly receiving political donations from internet mogul Kim Dotcom and SkyCity that were recorded as anonymous. Mr Banks has pleaded not guilty to the charge. In 2009 Mr McCready took assault proceedings against then Labour Cabinet Minister Trevor Mallard after the MP’s scrap with National MP Tau Henare in the lobby of Parliament. Mr Mallard pleaded guilty to fighting in public, and paid a $500 fine. - apnz
Jury empanelled in murder trial By Kurt Bayer A jury has been empanelled in the trial of two Sri Lankan men accused of murdering fellow countryman Sameera Chandrasena. But after their selection took more than one hour, they were sent home until today while the judge and defence counsel discuss legal issues in closed court. Mr Chandrasena, 28, was working as a dairy farmer in the quiet
North Canterbury town of Oxford when his charred remains were found at his rented Domain Rd farmhouse last February 23. A post-mortem examination found he had died as a result of assault injuries before the fire started, the Crown will allege. Viraj Alahakoon, 34, and Thuvan Sawal, 24, both of St Albans, are jointly charged with the murder of the popular, cricket-loving Mr Chandrasena, as well as arson.
Mr Alahakoon is also charged with assaulting a woman with a pair of scissors on December 5, 2011, and assaulting her again on December 26, 2011. The jury trial in the High Court at Christchurch is set down for six weeks before Justice Christian Whata, but is likely to last for around a month. Up to 36 witnesses could be called, and both accused will be assisted in court by Sinhalese interpreters. - APNZ
Synlait investors to sell $19m of shares
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BUSINESS
Sharemarket NZX 50
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Canterbury-based Synlait Milk – majority-owned by China’s Bright Dairy – said it would seek to raise $75 million in new capital through the issue of shares in a $2.05 to $2.65 range, and a listing on the NZX’s main board. The initial public offering (IPO) would include a secondary sell-down, indicatively set at $45 million, that would see Bright Dairy’s stake go from 51 per cent to about 40 per cent. The final size of the sell-down would be determined as part of the bookbuild process and would likely vary depending on the price achieved, Synlait Milk said. At the indicative price range, Synlait Milk would have a market capitalisation of $305m to $372m, the company said. The new capital would enable the funding of Synlait Milk’s growth initiatives. Proceeds will be applied to repay Synlait Milk’s existing debt facilities which would be refinanced in conjunction with the IPO.
Synlait Milk’s growth initiatives include new a lactoferrin extraction and purification plant. The company also plans an onsite blending and consumer packaging plant, a 10,000 square metre dry store, a quality testing laboratory, a butter plant and a new spray dryer. Synlait Milk managing director and co-founder John Penno said the company has had the benefit of Bright Dairy as its cornerstone shareholder. “Bright Dairy is a long established company in China and has provided Synlait Milk with valuable strategic insights into that important market,” Penno said in a statement. Bright Dairy had also became an early customer for Synlait’s infant formula. Synlait said Bright Dairy had chosen not to sell any of its shares into the offer and would retain its current shareholding. As a result Bright Dairy’s percentage holding was expected to reduce post IPO from 51 per cent currently to about 40 per cent, dependent on the final price of the shares offered, the company said. – APNZ
Synlait Milk plant just north of Rakaia.
Forsyth Barr director leaves board Visitor arrivals surge By Paul McBeth Forsyth Barr independent director Anne Blackburn has left the broking firm after joining Fisher Funds as part of TSB Bank’s representation on the fund manager’s board. TSB Bank director Blackburn and chief executive Kevin Murphy joined the board of Fisher Funds Management on June 13, four months
after the Taranaki-based lender took a quarter-stake in the fund manager as part of its $79 million acquisition of Tower Investments. A week later, Blackburn ceased being a director at Forsyth Barr, according to documents lodged with the Companies Office. Forsyth Barr chairman Eion Edgar told BusinessDesk Blackburn’s departure came after she accepted a position on the board of another
company, without naming the firm, and paid tribute to her six-and-ahalf years’ service to the brokerage. Blackburn also sits on the boards of the New Zealand Venture Investment Fund, Eastland Group, Fidelity Life and Auckland Council Property Ltd. Edgar said Forysth Barr’s board wants to confirm a new independent director after its next meeting on – APNZ July 10.
TrustPower board seeks 6.8% bump to fee pool TrustPower, the utility controlled by Infratil, will ask shareholders to bump up the directors’ fee pool by 6.8 per cent after a three-year hiatus. The Tauranga-based electricity generator and retailer wants investors to approve lifting the pool of directors fees to an annual $705,00 from April 1 of this year, from $660,000 currently. The company’s
six directors were paid an aggregate $577,000 for the year ended March 31, and it doesn’t intend to draw down the full amount if shareholders agree to the resolution. TrustPower wants the bigger pool to accommodate a potential seventh director being added, to cover growth in the scale of the company’s operations, and better reflect the complexity of the electricity market.
Shareholders will vote on the proposal at the July 26 annual meeting in Mount Maunganui. Directors, Infratil (50.5 per cent shareholder), and Tauranga Energy Consumers Trust (33 per cent) are disqualified from voting on the proposal. TrustPower shares fell 0.6 per cent to $7.10 in trading yesterday. The stock has shed about 9 per cent since mid-April. – APNZ
to new May record New Zealand’s monthly inbound migration climbed to a three-and-a-half year high last month as fewer locals quit the nation for Australia, with local prospects taking on a brighter sheen than the country’s trans-Tasman neighbour. Seasonally adjusted, there were about 1,740 more new migrants arriving to New Zealand than leaving in May, up from 1600 a month earlier, and the highest monthly inflow since January 2010, Statistics New Zealand said. That coincided with a net outflow of some 1860 New Zealand citizens across the Tasman, the smallest net loss to Australia since mid-2010. Australia has been a favourite destination for many kiwis seeking better wages and a higher standard of living with almost open access to the larger nation. In the past year the economic fortunes of the two nations has turned, with New Zealand’s recovery gather-
ing pace as the Canterbury rebuild unfolds, and Australia’s mining boom seen peaking soon. In unadjusted terms, there was an outflow of 324 migrants in May, for an annual gain of 6242. Australia provided the biggest pool of new migrants at 1325, followed by 842 from the UK, 628 from India, and 404 from China. Australia accounted for about 19 per cent of the 87,778 new permanent residents in the year ended May 31, followed by the UK at about 16 per cent. China was third with about 8.9 per cent then India at about 7.2 per cent. Yesterday’s figures showed a slight fall in seasonally adjusted visitor arrivals to 230,400 in May from 231,900 in April. In unadjusted terms, visitor arrivals climbed 8.7 per cent to about 153,000 from May 2012, and were up 0.5 per cent to 2.63 million on an annual basis. – APNZ
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