Evergreen Forests Limited - Latest News [Page 1]

Evergreen Forests Shareholders Approve Buyback

Tuesday, 15 November 2005, 5:32 pm | Evergreen Forests Limited

Evergreen Forests Limited shareholders today approved a 4 for 5 off market pro rata share buy back at 35 cents per share. More >>

Evergreen Noteholders Agree to Early Redemption

Friday, 4 November 2005, 9:54 am | Evergreen Forests Limited

Convertible note holders resolved today to approve changes to the Trust Deed to enable early redemption of the notes. Repayment of note holder interests has been sought by Evergreen Forests Limited following the sale of the majority of its forest ... More >>

Evergreen Completes Sale to James Fielding

Tuesday, 1 November 2005, 12:02 am | Evergreen Forests Limited

Evergreen Forests Limited’s sale of its major assets to James Fielding Funds Management Limited was completed as planned on 31st October, 2005. More >>

Evergreen Announces New Date for AGM

Friday, 14 October 2005, 10:08 am | Evergreen Forests Limited

Evergreen Forests Limited advised today that it will postpone the intended date for the 2005 Annual General Meeting from 28th October (as announced on 27th July) to 11th November. More >>

Evergreen Sale Condition Satisfied

Thursday, 29 September 2005, 4:38 pm | Evergreen Forests Limited

The purchase by James Fielding Funds Management Limited of Evergreen Forests Limited’s forest estate has today been approved by the Overseas Investment Office. The agreement approved by Evergreen shareholders at a Special Meeting on Monday 26th September ... More >>

Shareholders Approve Sale Of Evergreen’s Assets

Tuesday, 27 September 2005, 2:34 pm | Evergreen Forests Limited

Evergreen Forests Limited announced that shareholders voted today in favour of the sale of substantially all of its forest and land assets to James Fielding Funds Management Limited for approximately $115million. More >>

Evergreen Signs Revised Offer

Tuesday, 20 September 2005, 9:21 am | Evergreen Forests Limited

Evergreen Forests Limited announced today that the Company has signed a revised offer with James Fielding Funds Management Limited for NZ$115 million. The revised offer incorporates two principal changes to the previous offer from James Fielding ... More >>

Increased Bid For Evergreen’s Forests

Friday, 16 September 2005, 4:54 pm | Evergreen Forests Limited

James Fielding Funds Management Limited have increased their offer to $115 million for all of Evergreen Forests Limited’s North Island forests and land. More >>

Forest Valuation Report On The Website

Tuesday, 13 September 2005, 9:11 am | Evergreen Forests Limited

Evergreen Forests Limited advises that the Jaakko Poyry Consultingvaluation reporton forest values at 30th June 2005 is now on the company's website - www.evergreen.co.nz. More >>

Bidder Satisfies Funding Condition

Monday, 12 September 2005, 2:17 pm | Evergreen Forests Limited

James Fielding Funds Management Limited has advised Evergreen Forests Limited that the condition for investor approval of funding documentation has been satisfied. More >>

Results Reflect Reduced Forest Valuation

Friday, 26 August 2005, 5:21 pm | Evergreen Forests Limited

Evergreen Forests Limited announced a full year after tax loss of $18.032 million (2004 loss $12.026 million) on turnover of $32.8 million (2004 $40.247 million). Harvest volume was reduced by 17% in response to low NZ$ prices. More >>

Back Up Bid For Evergreen’s Assets

Friday, 26 August 2005, 5:07 pm | Evergreen Forests Limited

Evergreen Forests Limited announced today that it has received an unsolicited back up offer for substantially all of its forests and land at 5.30 pm on 25th August. More >>

Sale Of West Coast Forestry Rights

Thursday, 18 August 2005, 4:46 pm | Evergreen Forests Limited

Evergreen Forests Limited announced today that it has sold its forestry rights on West Coast South Island for $3.4 million with settlement for 30th September 2005. More >>

Evergreen Forests To Call Special Meeting

Tuesday, 16 August 2005, 3:27 pm | Evergreen Forests Limited

Evergreen Forests Limited announced today that a special meeting would be called to consider a bid for the company’s North Island forest estate and freehold land. These forests represent more than 90% of the company’s assets. More >>

Evergreen Forests Announce Land Values

Monday, 25 July 2005, 9:54 am | Evergreen Forests Limited

As signalled in its announcement yesterday, Evergreen Forests Limited has now received valuations for its land assets of $43.5million(excluding improvements) at 30th June 2005. More >>

Wind Farm Discussions With Mighty River Power

Thursday, 21 July 2005, 7:23 pm | Evergreen Forests Limited

Evergreen Forests Limited Chairman Peter Wilson confirmed that the company is in discussion with Mighty River Power over a potential large scale wind farm development on Evergreen Forests Limited’s West Coast North Island property. More >>

Evergreen Forests Reviewing Bids

Thursday, 21 July 2005, 7:11 pm | Evergreen Forests Limited

The Evergreen Forest Limited (Evergreen) Board met yesterday to consider binding bids under the asset sale / recapitalisation process and an announcement of the outcome of this process can be expected shortly. More >>

Evergreen Announces 30 June 2005 Forest Valuation

Tuesday, 12 July 2005, 5:34 pm | Evergreen Forests Limited

Evergreen Forests Limited independently assessed forest valuation (excluding land) at 30th June 2005 is $ 90.6 million ($ 104.9 million at 31 December 2004). More >>

Evergreen Bid Process Moves To Next Stage

Monday, 16 May 2005, 4:34 pm | Evergreen Forests Limited

Evergreen Forests Limited announced today that it has received a number of conditional proposals that were of interest to the Company as a result of the competitive sale process announced on 24th March last. A limited number of parties have been admitted ... More >>

Evergreen Advises Data Error In Interim Report

Friday, 6 May 2005, 10:32 am | Evergreen Forests Limited

Evergreen Forests Limited (Evergreen) announced today that its independent valuers, Jaakko Poyry Consulting (JPC), have advised that while their forest valuation for the period ending 31 December2004 was correctly statedat $106.1 million there was ... More >>

 

 
 
 
 
 

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