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[sharechat] Daily ShareChat News Summary

From: "The ShareChat Team" <>
Date: 21 Aug 2002 18:35:50 -0000

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

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available, please subscribe to the ShareChat News Alert Service, 
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Force Corp posts $20 million deficit, halves last year's loss

Cinema operator Force Corporation posted a net loss for the year ended June of 
$20.13 million, more than halving its previous annual deficit


Richina conditionally sells Tower

Richina Pacific said today it had conditionally sold its 25-level Wellington 
office and car park tower, Mobil-On-The-Park, for $66 million to Navire 


Qantas may use part of $A800m new capital for Air NZ stake

Australian airline Qantas said today it could use some of a planned $A800 
million ($NZ942 million) new capital raising to fund a Air New Zealand stake


Mainfreight first quarter profit improves as expected

Listed freight firm Mainfreight's first quarter net surplus of $630,000, in 
line with company expectations, improved on the $211,000 deficit for the same 
period last year


Wellington Drive Technologies' June-year deficit widens

Auckland motor maker Wellington Drive Technologies' full year loss widened by 
43 percent to a $2.96 million deficit, as sales revenue continued to elude the 


Securities Commission suspends investigation into Perry Corp

The Securities Commission today confirmed it had suspended an investigation 
into Perry Corp's purchase of around 11 percent of Rubicon on July 11

Best Regards

The ShareChat Team

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