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Fletcher Challenge Ltd - Latest News [Page 2]

Board endorses increased offer from Shell

Thursday, 1 March 2001, 7:52 pm | Fletcher Challenge Ltd

AUCKLAND, 1 March 2001 ¡V The Board of Fletcher Challenge Limited has this afternoon received an increased offer from Shell and Apache for the assets of Fletcher Challenge Energy. The new offer of US$3.55 per share (an increase of US$0.21 or NZ$0.49 per ... More >>

Fletcher Chall. On The Recent Proposal For Energy

Wednesday, 28 February 2001, 5:14 pm | Fletcher Challenge Ltd

AUCKLAND, 28 February 2001 – The Board of Fletcher Challenge said today that the Special Meeting of Shareholders on 6 March will proceed, in order to give shareholders the opportunity to vote on the offer from Shell and Apache. The Chairman of Fletcher ... More >>

Fletcher Challenge Forests Results

Wednesday, 28 February 2001, 12:58 am | Fletcher Challenge Ltd

„h Net earnings before unusual items of $1 million, compared to $4 million in December 1999. „h Net unusual losses of $499 million, including a $529 million write down of our investment in the Central North Island Forest Partnership. „h Operating revenue ... More >>

Fletcher Challenge Energy Results

Wednesday, 28 February 2001, 12:57 am | Fletcher Challenge Ltd

Financial „h Record Net Earnings of $308 million ¡V up 77 per cent „h Record Net Cash Flow from Operations of $445 million „h Net Interest Bearing Debt of $351 million „h Gain on sale of Capstone and NZRC shares of $75 million „h Sustained strong product ... More >>

Fletcher Challenge Building Results

Wednesday, 28 February 2001, 12:55 am | Fletcher Challenge Ltd

„h Earnings before interest, tax and unusuals were $37 million ($81 million in the previous corresponding period). „h Earnings declined sharply due to weaker residential construction activity in New Zealand, lower product prices, higher transport costs ... More >>

Fletcher Challenge Consolidated Results

Wednesday, 28 February 2001, 12:54 am | Fletcher Challenge Ltd

28 February 2001 CONSOLIDATED GROUP RESULTS ANNOUNCEMENT AND OPERATING REVIEW Six months ended 31 December 2000 More >>

Fletcher Energy Proposal Received

Tuesday, 27 February 2001, 4:17 pm | Fletcher Challenge Ltd

AUCKLAND, 27 February 2001 ¡V Fletcher Challenge has received a proposal from Greymouth Petroleum to acquire Fletcher Challenge Energy. Greymouth Petroleum has stated that its proposal has a similar structure to that of the Shell and Apache offer, but with ... More >>

Alternative Bid For Energy Not Received

Tuesday, 27 February 2001, 10:19 am | Fletcher Challenge Ltd

AUCKLAND, 26 February 2001 ¡V The Board of Fletcher Challenge Limited believe that it is in the interests of shareholders to clarify the situation in relation to a possible alternative bid for the Energy Division by a group of investors operating ... More >>

Receivers Appointed To Forest Partnership

Tuesday, 27 February 2001, 10:16 am | Fletcher Challenge Ltd

AUCKLAND, 26 February 2001 – Fletcher Challenge today confirmed that the banks financing the Central North Island Forest Partnership (the Partnership) had appointed Mr Michael Stiassny and Mr Grant Graham of Ferrier Hodgson as Receivers for the assets. Fletcher ... More >>

Fletcher Applies To Acquire Steel & Tube

Friday, 16 February 2001, 5:12 pm | Fletcher Challenge Ltd

AUCKLAND, 16 February 2001 – Fletcher Challenge Building has lodged with the Commerce Commission an application for a clearance to acquire up to 100 per cent of the shares in steel merchant and processor Steel & Tube Holdings Limited. More >>

HortResearch And Rubicon Announce Alliance

Thursday, 15 February 2001, 12:53 am | Fletcher Challenge Ltd

AUCKLAND, 15 February 2001 – A new venture between the Fletcher Challenge company, Rubicon, and HortResearch was announced today. In line with the strategies proposed last October when Rubicon was first announced, the company will work with HortResearch, ... More >>

Fletchers Sending Documentation On Separation

Monday, 12 February 2001, 2:06 pm | Fletcher Challenge Ltd

AUCKLAND, 12 February 2001 - Fletcher Challenge is currently dispatching to all Fletcher Challenge shareholders documentation which provides full details of proposals for separation of the company. The shareholder documentation packs should be received ... More >>

Fletcher Challenge New Board - Bio Details

Thursday, 1 February 2001, 12:58 am | Fletcher Challenge Ltd

AUCKLAND, 31 January 2001 ¡V Fletcher Challenge today announced the directors for the three companies, Fletcher Building, Fletcher Challenge Forests, and Rubicon, that will become separate entities when the Group¡¦s separation process is completed ... More >>

Fletcher Challenge Obtains Separation Court Orders

Wednesday, 31 January 2001, 8:58 am | Fletcher Challenge Ltd

AUCKLAND, 30 January, 2001 – Fletcher Challenge today received initial orders and directions from the High Court of New Zealand in relation to the proposed separation of its three remaining Divisions: Energy, Forests, and Building. More >>

Fletchers Announces Unusual Financial Items

Thursday, 25 January 2001, 6:22 pm | Fletcher Challenge Ltd

AUCKLAND, 25 January 2001 – The Chief Executive of Fletcher Challenge, Michael Andrews, today announced a number of unusual items which will be included in the Information Memoranda being distributed to shareholders in mid-February. More >>

Fletcher Challenge Forests Writes Down Value

Thursday, 25 January 2001, 6:20 pm | Fletcher Challenge Ltd

AUCKLAND, 25 January 2001 – Fletcher Challenge Forests today announced that it had written down the carrying value of its interest in the Central North Island Forest Partnership (CNIFP) from US$478 million to US$225 million as at 31 December 2000. ... More >>

Change announced in Building leadership

Wednesday, 24 January 2001, 1:56 pm | Fletcher Challenge Ltd

AUCKLAND, 24 January 2001 – Fletcher Challenge today announced that Alexander Töldte, Chief Executive Officer-designate of the proposed new company, Fletcher Building, has decided not to take up his role following the separation of the Building Division ... More >>

Proposed arrangements for Capital Notes

Thursday, 18 January 2001, 8:56 am | Fletcher Challenge Ltd

AUCKLAND, January 18 2001 – Fletcher Challenge Limited and Fletcher Challenge Industries Limited today announced summary details of the proposed arrangement for holders of its Capital Notes arising out of the proposed separation transactions of the Fletcher ... More >>

Fletchers Gas Sales Agreements With Methanex

Friday, 22 December 2000, 8:57 am | Fletcher Challenge Ltd

AUCKLAND, 21 December 2000 - Fletcher Challenge Energy has signed two gas sales agreements with Methanex New Zealand Limited. More >>

Fletcher Forests Rights Issue

Monday, 18 December 2000, 5:33 pm | Fletcher Challenge Ltd

AUCKLAND, 18 December 2000 – Fletcher Challenge Limited announced today that, of the 1,709,015,794 new Fletcher Challenge Forests Preference shares issued, 1,037,602,141 shares were taken up by shareholders, 147,717,498 were purchased by various institutions ... More >>

   

 
 
 
 
 

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