Forum Archive Index - April 2001

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

Faizal

>From BDO's half year announcement:

"The board of Beauty Direct and Online wishes to advise that the previously
announced conditional acquisition agreement with CS Company is now at an end
and the acquisition will not proceed. Unfortunately it was not possible to
fulfil major conditions in the agreement. Both companies will continue to
explore their investment opportunities independently of each other and wish
each other well for the future."

Damba are being renamed Cue Capital and are looking at diversifying
investment away from just their furniture.  They obviously see value in BDO
and are looking to give hands on help to the company. What it will mean long
term is anyone's guess.

Rgds, Phil Boeyen


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.