Your Search Returned 7 tagged news reports
In recent years, accelerated entitlement offers, in which the shortfalls are sold in institutional bookbuilds, have replaced traditional renounceable rights issues, under which shareholders can trade their right to an entitlement on the ASX. Instead of...
Tags: Mineral Resources, retail holders, Polaris Metals, shared price, CSR, entitlements offer, trade halt, shared placement, renouncing entitlements, Australia, Sydney, Stock dilution, Finance, Business Finance, Scrip, Australian Securities Exchange, Corporate finance, Rights issue, Stock market, Short
Bank of New Zealand (BNZ) said in August it was appealing a case it lost in the High Court at Wellington, but it made a $NZ661 million ($A546.33 million) provision for the case in its accounts. "This is a complex area of law, and given the facts of the...
Tags: Westpac Banking Corp, Westpac NZ, New Zealand High Court, NZ High Court, tax case, trade halt, NZ Inland Revenue Department, westpac banks
ANZ buys rest of ING Australia, NZ for $1.86bn Article from: AAP September 25, 2009 11:59am ANZ has bought the half of a wealth management joint venture with ING Group it doesn't already own for $1.86 billion (€1.1 billion), as it looks to position...
Tags: ANZ, trade halt, ING Australia, New Zealand, Auckland
Elders hopes to secure its future later this week through an institutional-backed $400 million-plus capital raising that will trigger a new financing deal with its bankers. Having brought in insurer QBE as a cornerstone investor through the sale of its...
Tags: QBE, trade halt
Shares in Pacific Brands have entered a trading halt as the clothes maker plans to sell new shares to its institutional and retail investors to raise cash. The company requested the trading halt today so it could make an announcement in relation to a...
Tags: SP Ausnet, capital raising, trade halt
The move has raised concerns among investors about the company's ability to secure funding on favourable terms. Fat Prophets analyst Gavin Wendt said the suspension of shares for such a long period was an indication of how serious the situation was for...
Tags: OZ Minerals, trade halt
Unless the Australian stock exchange decides otherwise, the shares will remain in a trading halt until the start of trade on Tuesday, August 26. In its full year guidance late last month, ABC Learning said it would declare a pre-tax loss of $437 million...
Tags: Gunns, trade halt