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Fletcher Challenge Ltd - Latest News [Page 4]
Fletcher Energy Seeks Resolution of Petroz Funding
Friday, 6 October 2000, 4:56 pm | Fletcher Challenge Ltd
AUCKLAND, 6 October 2000 – Fletcher Challenge Energy today expressed its disappointment at the decision by shareholders of Petroz NL to reject the proposed alliance between the two companies. The proposal would have seen Fletcher Challenge Energy take a ... More >>
Clarification: Fletcher's Petrolz Shareholding
Tuesday, 3 October 2000, 4:53 pm | Fletcher Challenge Ltd
AUCKLAND, 3 October 2000 – Fletcher Challenge Energy issues the following information to clarify its shareholding in Petroz N.L. following the exercise of the option on October 2, 2000. More >>
Fletcher Energy Acquires 14.99% of Petroz
Monday, 2 October 2000, 9:56 pm | Fletcher Challenge Ltd
AUCKLAND, 2 October 2000 – Fletcher Challenge Energy today exercised its option to acquire 14.99% of listed Australian Explorer Petroz NL. The option provided Fletcher Challenge Energy with the right to acquire 29,514,890 million shares at A43.5 cents ... More >>
Decision On Final Dividend Deferred
Monday, 25 September 2000, 10:43 am | Fletcher Challenge Ltd
AUCKLAND, 25 September, 2000 – On 30 August, the Board of Fletcher Challenge Ltd announced that, unless the separation process of the Company resulted in a third party sale recommendation, the Directors intended that Fletcher Challenge Building ... More >>
Government hosts business forum
Wednesday, 13 September 2000, 4:48 pm | Fletcher Challenge Ltd
Prime Minister Helen Clark has invited key business leaders to a forum with government ministers to identify policy initiatives to improve New Zealand's economic performance. The forum will be held in Auckland on October 24. More >>
Communications Manager Appointed
Wednesday, 13 September 2000, 4:45 pm | Fletcher Challenge Ltd
AUCKLAND, 13 September 2000 - The Chief Executive of Fletcher Challenge Building, Terry McFadgen, today announced that Jody Stewart has been appointed Communications Manager for Fletcher Challenge Building, effective immediately. More >>
Fletcher Challenge Arts Foundation Heritage Work
Tuesday, 12 September 2000, 1:31 pm | Fletcher Challenge Ltd
AUCKLAND, 12 September 2000 – Prime Minister and Minister for Arts, Culture and Heritage, Helen Clark, last night announced a new initiative to support New Zealand’s art heritage. At a ceremony which marked the inaugural Arts Foundation Laureates, ... More >>
Fletcher Energy & Eldercare reach agreement
Tuesday, 12 September 2000, 1:19 pm | Fletcher Challenge Ltd
AUCKLAND, 12 September, 2000 - Fletcher Challenge Energy and Eldercare NZ Limited today announced that they have agreed to negotiate several matters which are currently before the High Court. The two companies will negotiate to determine the value of ... More >>
Farm-Out In Preparation For Tuihu Drilling
Thursday, 7 September 2000, 11:02 am | Fletcher Challenge Ltd
New Plymouth, 5 September 2000,– Fletcher Challenge Energy announced this week that it will farmout a 20 percent share in the licence area containing the Tuihu prospect (PEP 38718, onshore Taranaki, New Zealand) to Origin Energy, in the lead-up to the ... More >>
Fletcher Challenge Forestry - Financial Results
Wednesday, 30 August 2000, 10:01 am | Fletcher Challenge Ltd
Net earnings of NZ$81 million, an increase of 47% over the NZ$55 million last year. The current year result includes net unusual items totalling NZ$58 million primarily from the recognition of taxation benefits less a forest write down. ... More >>
Fletcher Challenge Energy - Financial Results
Wednesday, 30 August 2000, 9:58 am | Fletcher Challenge Ltd
Financial Total Shareholder Return of 37 per cent for the year Net Earnings of $261 million (74 cents per share) – up 375 per cent Cash Flow from Operations of $640 million ($1.93 per share) – up 25 per cent More >>
Fletcher Challenge Building - Company Result
Wednesday, 30 August 2000, 9:57 am | Fletcher Challenge Ltd
Earnings before interest, tax and unusuals rose strongly to $170 million ($121 million last year) assisted by a robust New Zealand market and the impact of cost reduction and productivity initiatives. Woodpanels delivered a ... More >>
Fletcher Challenge - Consolidated Group Result
Wednesday, 30 August 2000, 9:56 am | Fletcher Challenge Ltd
FINANCIAL SUMMARY Year ended Year ended June 2000 June 1999 NZ$ m NZ$ m Operating Revenue 7,908 7,743 Operating Earnings (EBIT) Including Unusual Items 892 445 Excluding Unusual Items 942 396 Net Earnings Including Net Unusual Items 382 101 Excluding ... More >>
Fletcher Challenge Energy Separation Update
Monday, 21 August 2000, 10:31 am | Fletcher Challenge Ltd
AUCKLAND, 21 August 2000 – Commenting on the application to the New Zealand Commerce Commission filed by Shell Exploration Company BV (“Shell”) this morning to acquire the New Zealand operations of Fletcher Challenge Energy, Michael Andrews the Chief ... More >>
Court Rejects Eldercare’s Insider Trading Claim
Tuesday, 15 August 2000, 5:37 pm | Fletcher Challenge Ltd
AUCKLAND, 15 August 2000 - Eldercare’s statement of claim alleging insider trading against a Fletcher Challenge subsidiary (Petrocorp) was rejected by Justice Fisher in the High Court at Auckland yesterday (14 August 2000). Eldercare was seeking leave ... More >>
Court of Appeal requires changes to Kupe case
Tuesday, 1 August 2000, 8:52 am | Fletcher Challenge Ltd
AUCKLAND 31 July 2000 – The Commerce Commission was today ordered by the Court of Appeal to amend the Statement of Claim it lodged nearly three years ago over its Kupe gas field case against ECNZ, Fletcher Challenge Ltd, Fletcher Challenge Energy ... More >>
Norske Skog Acquisition Fletcher Paper Completed
Monday, 31 July 2000, 8:59 am | Fletcher Challenge Ltd
AUCKLAND 29 July 2000 -The purchase of Fletcher Challenge Paper by Norske Skog was completed overnight New Zealand time with the transfer of funds from Norske Skog to Fletcher Challenge at 10 am July 28 US Eastern Standard Time. More >>
Fletchers Energy - Quarterly Production
Wednesday, 26 July 2000, 12:45 am | Fletcher Challenge Ltd
1 Highlights Full year production of 48.9 mmboe; an increase of 6.1 per cent on the previous year. Maui gas annual sales increased 15 per cent over the previous year, driven by continued strong gas demand from the electricity ... More >>
FCL Energy High Grades Canadian Portfolio
Friday, 7 July 2000, 10:56 am | Fletcher Challenge Ltd
7 July 2000, Calgary – Fletcher Challenge Energy has acquired 124,800 gross acres in the Saskatchewan District as part of a programme to improve the quality of its portfolio in Canada. Of that, 38,400 acres are undeveloped. Fletcher Challenge Energy’s ... More >>
Fletchers commences debt repayment programme
Wednesday, 5 July 2000, 5:58 pm | Fletcher Challenge Ltd
AUCKLAND, 5 July 2000 – Fletcher Challenge has started its debt repayment programme with an offer to purchase up to $US1.1 billion worth of notes held by institutional investors in the United States. More >>
