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Tenon - Latest News [Page 3]
Tenon Begins Process Of Winding Up ADR Programme
Tuesday, 10 August 2004, 11:41 am | Tenon
Auckland, 10 August, 2004 – Tenon announced today that it is moving to wind up its American Depositary Receipt (“ADR”) Programme in the United States, and to de-list from the New York Stock Exchange (“NYSE”). More >>
Tenon Announces Date - Annual Shareholders Meeting
Wednesday, 21 July 2004, 1:01 pm | Tenon
Tenon announced today that its 2004 Annual Shareholders Meeting would be held at 10:00 am on Thursday 28 October at the ASB Bank Stand, Eden Park Auckland. The opening and closing dates for the nomination of Directors under New Zealand Exchange Listing ... More >>
Tenon Looking At Shareholder Plan
Thursday, 15 July 2004, 1:02 pm | Tenon
Auckland, 15 July, 2004 – Tenon announced today that its Board of Directors was considering the introduction of a shareholder plan that would provide shareholders with small parcels with a means of rationalising their holdings. More >>
Tenon Board Changes
Thursday, 10 June 2004, 12:22 am | Tenon
Auckland, 10 June, 2004 – Tenon Limited today announced changes to its Board following Rubicon’s successful takeover offer for Tenon. Sir Dryden Spring (Chairman) and Warren Larsen (Director) have both resigned, and Tony Gibbs has been appointed to the Board. More >>
Sale Of Tarawera Forests Settled
Monday, 7 June 2004, 9:36 pm | Tenon
Auckland, 4 June, 2004 – Tenon Limited is pleased to announce today that it has settled the sale of a one-rotation forestry right over the Tarawera forest estate, for NZ$165 million. The purchaser is Hancock Natural Resource Group, Inc., the world’s largest ... More >>
Rubicon's Tenon Bid Not Appealing Enough
Monday, 31 May 2004, 10:26 am | Tenon
“Rubicon’s increasingly aggressive takeover tactics demonstrate their bid for Tenon is not winning over enough shareholders. More >>
Rubicon Takeover Offer Gaining Little Support
Monday, 31 May 2004, 10:24 am | Tenon
The Chairman of Tenon Limited, Sir Dryden Spring, says the Rubicon partial takeover offer is gaining little support from Tenon’s non-institutional shareholders. He issued the following statement today: More >>
Tenon Queries Unauthorised Rubicon “Inducement”
Thursday, 27 May 2004, 4:32 pm | Tenon
Auckland, 27 May, 2004 – The Independent Directors of Tenon Limited have today filed a complaint with the Takeovers Panel that Rubicon has made an unauthorised variation to its partial takeover Offer, by offering inducements to third parties to encourage ... More >>
Letter To Shareholders On Revised Offer
Tuesday, 25 May 2004, 4:58 pm | Tenon
Auckland, 25 May, 2004 – The letter to shareholders on the Partial Takeover Offer by Rubicon Forests Limited. More >>
Tarawera Forestry Right Sale Unconditional
Tuesday, 25 May 2004, 1:40 pm | Tenon
Auckland, 21 May, 2004 – Tenon advised today that Hancock Natural Resource Group, Inc. had obtained the approval of the Overseas Investment Commission for the purchase of the NZ$165 million one-rotation forestry right over the Tarawera forest estate. More >>
Tenon Says Take No Action On Revised Rubicon Offer
Friday, 21 May 2004, 12:56 am | Tenon
Auckland, 19 May, 2004 – The Independent Directors of Tenon Limited are advising its shareholders to take no action on the revised partial takeover Offer announced today by Rubicon Forests Limited. More >>
Tenon Distributes Target Company Statement
Tuesday, 18 May 2004, 4:21 pm | Tenon
Tenon announced today that its Target Company Statement, issued in response to Rubicon Forests Limited’s partial takeover offer for 50.01% of the Company’s shares, is to be mailed to shareholders beginning Wednesday, 19 May 2004. More >>
Tenon Expects To Exceed Financial Forecast
Monday, 10 May 2004, 12:47 am | Tenon
Tenon Expects Continuing Businesses To Exceed Financial Forecast For June 2004 And Projection For June 2005 More >>
Tarawera Forestry Right Sale - No Meeting Needed
Wednesday, 5 May 2004, 5:42 pm | Tenon
Auckland, 5 May, 2004 – Tenon Limited announced today that it had received confirmation from both the New Zealand Exchange and the Australian Stock Exchange that shareholder approval was not required in respect of the NZ$165 million Tarawera forestry right ... More >>
Tenon Provides Update On Forest Consent Process
Friday, 23 April 2004, 12:18 am | Tenon
Auckland, 23 April, 2004 – Tenon Limited advised today that it had to date received consents for the transfer of non-freehold forest assets to the Kiwi Group consortium covering approximately NZ$82 million of such assets (including NZ$40 million of consents ... More >>
Approval Of Grant Samuel By Takeovers Panel
Thursday, 15 April 2004, 4:54 pm | Tenon
Auckland, 15 April, 2004 – Tenon Limited announced today that the Takeovers Panel had approved the appointment by Tenon Limited of Grant Samuel as Independent Adviser in connection with the Notice of Proposed Partial Takeover received from Rubicon ... More >>
Tenon receives Partial Takeover Intention Notice
Tuesday, 13 April 2004, 8:58 am | Tenon
Auckland, 8 April 2004 – Tenon Limited advises that it has today received notice from Rubicon Forests Limited (“Rubicon”) of an intention to make a partial takeover offer. Until the independent directors of Tenon make a formal recommendation to shareholders, ... More >>
Rubicon’s Partial Takeover Offer
Tuesday, 13 April 2004, 8:40 am | Tenon
Auckland, 12 April, 2004 - Tenon Limited announced today that it was sending a letter to its shareholders in respect of the Notice of a conditional Partial Takeover Offer from Rubicon Forests Limited. The text of this letter is set out below. More >>
Continuing Businesses to Exceed Projections
Thursday, 8 April 2004, 10:24 am | Tenon
Tenon announced today that the earnings of its continuing processing, marketing and distribution businesses for the year to 30 June 2004 were expected to exceed the projection contained in the explanatory memorandum in connection with the forest ... More >>
Sale Of Tarawera Forest And Litigation Settled
Friday, 2 April 2004, 9:32 am | Tenon
Auckland, 1 April, 2004 – Tenon Limited announced today that it has entered into an agreement under which its subsidiary, Tarawera Forests Limited, will sell a one-rotation forestry right over the Tarawera forest estate. More >>
