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Forum Archive Index - April 2002

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[sharechat] Daily ShareChat News Summary


From: "The ShareChat Team" <info@sharechat.co.nz>
Date: 26 Apr 2002 19:16:50 -0000


Hi everyone, here's the summary of the ShareChat News from yesterday. 

If you'd like to receive notification of breaking news stories and 
features from the ShareChat editorial team as soon as they're 
available, please subscribe to the ShareChat News Alert Service, 
using the form at http://www.sharechat.co.nz/services/newsalert.php.

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Fletcher Forests pulls asset bid

Fletcher Challenge Forests says it will not be going ahead with last month's 
agreement to purchase the assets of the Central North Island Forestry 
Partnership

http://www.sharechat.co.nz/news/scnews/article.php/05d796c9

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Forestry future is double or nothing - Carter Holt

Carter Holt Harvey chief Chris Liddell says New Zealand's forestry industry is 
at a crossroads and needs to choose whether to double in size over the next 20 
years or remain at its current level

http://www.sharechat.co.nz/news/scnews/article.php/278fc975

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Intaz misses capital target

Health and safety software company Intaz will defer the roll out of its UK 
business plan after raising just over half of its $10 million target

http://www.sharechat.co.nz/news/scnews/article.php/e4726557

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Fonterra takes increased NZ Dairy offer

Dairy co-op Fonterra says it will receive $1.75 for each of its shares in New 
Zealand Dairy Foods from Graeme Hart's Rank Group, up from the $1.70 originally 
offered

http://www.sharechat.co.nz/news/scnews/article.php/b9d17439

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Brash resigns for chance as National MP

The Reserve Bank Governor Don Brash has resigned his central bank role to seek 
nomination as a National Party candidate in the upcoming election

http://www.sharechat.co.nz/news/scnews/article.php/14bae85b

------------------------------------------------------------------------

Kirks boosts sales, cuts dividend

Wellington department store Kirkcaldie & Stains has reported a 5.5% lift in 
first half earnings but has almost halved its dividend payout as it seeks to 
repay debt

http://www.sharechat.co.nz/news/scnews/article.php/eb672c47

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Warehouse seeks full ASX listing

Retailer The Warehouse has joined the list of New Zealand companies that plan 
to apply for a full listing on the Australian Stock Exchange

http://www.sharechat.co.nz/news/scnews/article.php/7f12dcf5

------------------------------------------------------------------------

INL's Aussie property sales total $16M

Media group Independent Newspapers has finished disposing of properties 
occupied by its former Australian distribution business Gordon and Gotch

http://www.sharechat.co.nz/news/scnews/article.php/69ac962a

------------------------------------------------------------------------

Stern words for PM, Terry over Air NZ comments

The Securities Commission says comments made by Prime Minister Helen Clark and 
Greg Terry of BIL Investments in relation to last year's rescue of Air New 
Zealand were inappropriate but did not constitute 'tipping' under the 
Securities Amendment Act

http://www.sharechat.co.nz/news/scnews/article.php/2a752aea

------------------------------------------------------------------------

Fletcher Forests ran out of time for CNIFP bid

Fletcher Challenge Forests says it is likely that it would have been able to 
finance the $1.5 billion purchase of the Central North Island Forestry 
Partnership assets if it had had more time to put a deal together

http://www.sharechat.co.nz/news/scnews/article.php/3cd79918


Best Regards

The ShareChat Team

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