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Feltex - Latest News [Page 1]

Feltex claimant group now over 2,500

Thursday, 9 February 2012, 4:44 pm | Feltex

In January 2012, Eric Houghton and Joint Action Funding Limited updated Feltex IPO investors who had suffered significant losses investing in the Feltex float in 2004, but had not yet opted in to the Houghton led claim. More >>

Feltex Court Action Set To Continue, Lawyer Says

Monday, 10 December 2007, 11:15 am | Feltex

Litigation on behalf of investors in failed carpetmaker Feltex is set to continue, with Christchurch lawyers finalising due diligence on funding for the litigation. More >>

Feltex Opens Books to Kiwi Rescue Bid

Tuesday, 8 August 2006, 12:19 am | Feltex

The bid to keep Feltex Carpets in New Zealand spearheaded by brothers Graeme and Craig Turner has come a step closer today with the Feltex Board agreeing to open its books to the pair. More >>

Hirst Takes Feltex Merger Proposal Off The Table

Wednesday, 19 October 2005, 10:13 am | Feltex

Godfrey Hirst today confirmed that it is no longer in active discussions with the Board of Directors of Feltex Carpets regarding a potential merger of the two companies. More >>

Feltex Delivers Earnings Above IPO Prospectus

Tuesday, 24 August 2004, 3:42 pm | Feltex

Feltex Carpets Limited has today announced a net surplus of $11.2 million for the year ended June 2004, compared to $6.8 million in the previous year, representing a $4.3 million improvement. This performance exceeded the forecast made in the IPO ... More >>

Feltex Purchases its Foxton Manufacturing Site

Wednesday, 14 July 2004, 2:47 pm | Feltex

Feltex Carpets Limited has today announced that it has purchased the Foxton property at which its New Zealand tufted carpet operations are based. Settlement of the purchase price will take place today. More >>

Feltex Share Offer Price Set at $1.70 per share

Monday, 24 May 2004, 10:31 am | Feltex

Feltex Carpets Limited has today announced that the final price of Shares in its Initial Public Offering (“IPO”) has been determined. More >>

Feltex: Iconic Brand Returns To NZ Ownership

Wednesday, 5 May 2004, 5:50 pm | Feltex

Feltex Carpets Limited confirmed its intention to list on the New Zealand sharemarket through the launch today of a public offering of its shares, giving the company a market capitalisation of $254 million to $284 million at the indicative price range ... More >>

Feltex Announces Intention To List on the NZSX

Friday, 19 March 2004, 11:08 am | Feltex

The Board of Feltex Carpets Limited (“Feltex”), together with its shareholder Credit Suisse First Boston Asian Merchant Partners LP (“CSFBAMP”) is pleased to announce that it intends to proceed with an initial public offering (“Offer”) of ordinary ... More >>

Feltex Records Continued Improvement In Earnings

Friday, 13 February 2004, 11:15 am | Feltex

The Feltex Group recorded a net surplus of $11.4 million for the six months ended 31 December 2003. This represented a $10.2 million improvement on the corresponding prior period, partially due to a 4.2% increase in revenue. More >>

Further Expansion Oflower Hutt Spinning Capacity

Thursday, 13 November 2003, 10:59 am | Feltex

Feltex Carpets Limited has almost doubled production capacity at its Lower Hutt yarn spinning plant, in a $4 million expansion programme. The new production facility was opened today by the New Zealand Minister for Industry and Regional Development, ... More >>

Feltex Carpets Limited - CEO Speech

Thursday, 13 November 2003, 10:57 am | Feltex

Let me begin by endorsing Ian’s comments and welcoming you all to this occasion. It certainly is a pleasure to see so many friends, and I look forward to catching up with you individually during the informal part of the programme. More >>

Feltex Carpets Limited - Manager, Bell Road plant

Thursday, 13 November 2003, 10:56 am | Feltex

Thank you Sam, and good afternoon ladies and gentlemen. I would also like to welcome you all here, on behalf of the staff of the Bell Road plant. More >>

Feltex Delivers Earnings Ahead Of Prospectus

Friday, 29 August 2003, 10:43 am | Feltex

Feltex Carpets Limited has today announced a net surplus after income tax of $5.7 million for the year ended 30 June 2003, compared with a deficit of $18.5 million in the previous year. The latest performance exceeded projections made in the prospectus ... More >>




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