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Fletcher Challenge Forests Ltd. - Latest News [Page 3]
Fletcher Challenge Forests’ CEO To Retire
Monday, 30 September 2002, 4:53 pm | Fletcher Challenge Forests Ltd.
Auckland – Fletcher Challenge Forests Chief Executive, Terry McFadgen, will retire from his position in April next year. More >>
Annual Results To 30 June 2002
Thursday, 22 August 2002, 1:53 pm | Fletcher Challenge Forests Ltd.
AUCKLAND, 22 August 2002 – Fletcher Challenge Forests today reported earnings before interest and taxation (EBIT), prior to unusual items, of $136 million including a forest crop revaluation of $53 million. EBIT, before unusual items and the crop revaluation, ... More >>
Fletcher Forests Foreign Exchange Hedge Closed
Friday, 16 August 2002, 11:05 am | Fletcher Challenge Forests Ltd.
Fletcher Challenge Forests Foreign Exchange Hedge Closed AUCKLAND, 16 August 2002 – Fletcher Challenge Forests announced today that it has closed a foreign exchange contract that it had entered into, to hedge the proposed acquisition of the assets ... More >>
Voting Outcome On CNIFP Proposal
Thursday, 15 August 2002, 10:20 am | Fletcher Challenge Forests Ltd.
Auckland, 15 August 2002 – Fletcher Challenge Forests advised today the following detailed results of the voting at the Special Shareholders’ Meeting held on Tuesday 13 August 2002. The figures are expressed as a percentage of the total eligible votes ... More >>
CNIFP Purchase Does Not Achieve Required 75%
Tuesday, 13 August 2002, 8:45 pm | Fletcher Challenge Forests Ltd.
Auckland, 13 August 2002 – Fletcher Challenge Forests announced today that the proposal to purchase the assets of the Central North Island Forest Partnership was not approved at the Special Shareholders’ Meeting held on 13 August 2002. More >>
No CNIFP Related Incentives In Place
Tuesday, 13 August 2002, 2:16 pm | Fletcher Challenge Forests Ltd.
Fletcher Challenge Forests Limited Confirms That No CNIFP Related Incentives In Place For Directors And Executives More >>
That No CNIFP Related Incentives In Place For Dirs
Monday, 12 August 2002, 5:21 pm | Fletcher Challenge Forests Ltd.
FLETCHER CHALLENGE FORESTS LIMITED CONFIRMS THAT NO CNIFP RELATED INCENTIVES IN PLACE FOR DIRECTORS AND EXECUTIVES More >>
High Court Rules That Rubicon Can Vote
Monday, 12 August 2002, 11:25 am | Fletcher Challenge Forests Ltd.
Auckland, 12 August 2002 – Fletcher Challenge Forests announced today that the High Court in Auckland had confirmed that the Company’s largest shareholder, Rubicon, could vote on the Special Resolution at the Special Shareholders’ Meeting on 13 August ... More >>
Special Shareholders’ Meeting
Friday, 9 August 2002, 12:35 am | Fletcher Challenge Forests Ltd.
Auckland, 9 August 2002 – Sir Dryden Spring today announced that he would not chair the Fletcher Challenge Forests Special Shareholder Meeting next Tuesday. More >>
CNIFP Financial Data
Wednesday, 7 August 2002, 2:34 pm | Fletcher Challenge Forests Ltd.
Auckland, 7 August 2002 – Fletcher Challenge Forests today provided the following updated financial data in relation to the proposed acquisition of the assets of the Central North Island Forest Partnership (CNIFP). More >>
Fletcher Challenge Forests Letter To R.M. Dillon
Monday, 5 August 2002, 1:53 pm | Fletcher Challenge Forests Ltd.
I must take issue with your comment that “a possible eventual result [of this transaction] could be the transfer of effective ownership of a major section of New Zealand forestry resource to the Chinese government’s investment arm.” More >>
Price Confirmed for Tahorakuri Forest Estate
Friday, 2 August 2002, 11:07 am | Fletcher Challenge Forests Ltd.
Fletcher Challenge Forests announced today that Jaakko Poyry had finalised its independent valuation of the Tahorakuri forest estate (Tahorakuri) at US$63.8million. The Company’s agreement with Rubicon Limited provides for an adjustment mechanism should an independent ... More >>
Xylem To Seek Court Ruling
Wednesday, 31 July 2002, 9:19 am | Fletcher Challenge Forests Ltd.
Fletcher Challenge Forests has been advised by solicitors acting for Xylem Investments that its client is issuing proceedings in relation to the CNIFP purchase proposal to be considered by shareholders on 13 August 2002. Rubicon Limited will be joined ... More >>
CNIFP Price Sensible And Not Renegotiable
Tuesday, 30 July 2002, 4:42 pm | Fletcher Challenge Forests Ltd.
Auckland, 30 July 2002 – Fletcher Challenge Forests today responded to comments from former director Mr Stephen Hurley of Xylem, proposing that the Company should renegotiate the purchase price of the Central North Island Forest Partnership (CNIFP) assets. More >>
Satisfaction Of Two Further Conditions Under CNIFP
Monday, 29 July 2002, 1:50 pm | Fletcher Challenge Forests Ltd.
Auckland, 29 July 2002 – Fletcher Challenge Forests announced today that it had obtained the consent of the Overseas Investment Commission to the acquisition of the assets of the Central North Island Forest Partnership, and that Land Information ... More >>
Fletcher Challenge Forests Letter To Shareholders
Saturday, 27 July 2002, 6:35 pm | Fletcher Challenge Forests Ltd.
Fletcher Challenge Forests sent to you on or around 22 July 2002 a notice of special meeting and explanatory memorandum (the Notice) for the special meeting to be held on 13 August 2002 to consider the acquisition of the assets of the Central North ... More >>
Notice Of Meeting In Respect Of CNIFP
Monday, 22 July 2002, 3:19 pm | Fletcher Challenge Forests Ltd.
Auckland, 22 July 2002 – Fletcher Challenge Forests announced today that it had begun distributing to shareholders the Notice of Meeting and Explanatory Memorandum in respect of the proposed acquisition of the assets of the Central North Island ... More >>
Reporter CNIFP Transaction Is Fair & Reasonable
Friday, 19 July 2002, 9:18 am | Fletcher Challenge Forests Ltd.
Auckland, 19 July 2002 – Fletcher Challenge Forests today advised that independent reporter, Grant Samuel & Associates Limited, had confirmed that in Grant Samuel’s opinion the Company’s proposed acquisition of the assets of the Central North Island ... More >>
Bank Funding For CNIFP Purchase Confirmed
Monday, 15 July 2002, 4:01 pm | Fletcher Challenge Forests Ltd.
Auckland, 15 July 2002 – Fletcher Challenge Forests today confirmed that it had secured commitments for a new loan facility of US$600 million to fund the purchase of the assets of the Central North Island Forest Partnership (CNIFP). The purchase transaction ... More >>
Full Listing On ASX For Fletcher Challenge Forests
Friday, 28 June 2002, 3:52 pm | Fletcher Challenge Forests Ltd.
Auckland, 28 June 2002 – Fletcher Challenge Forests today announced that the Australian Stock Exchange has approved the full listing by the Company on the Australian Stock Exchange. More >>
