Forum Archive Index - April 2001

["Ben Dutton" <bendutton@sharechat.co.nz>]

Hi everyone, here's the summary of the ShareChat News from yesterday.

If you'd like to receive notification of breaking news stories and features
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Yesterday's ShareChat News:


PFI Portfolio hits 50

Listed industrial property investor Property For Industry now has 50
properties in its portfolio following the purchase of another two Auckland
sites.

http://www.sharechat.co.nz/articles/20010403-PFItwoaklbuys.shtml

**

Shotover delays new boats

Tourism operator Shotover Jet is delaying introducing new boats for its
commercial jet boat service.

http://www.sharechat.co.nz/articles/20010403-SJLboatdelay.shtml

**

More Anti-dumping duties on Korean Whiteware

Korean-made washing machines will be hit by anti-dumping duties of up to 93%
to protect local manufacturer Fisher & Paykel.

http://www.sharechat.co.nz/articles/20010403-FAPkoreanduties.shtml

**

UnitedNetworks crosses Tasman for Cash

Hot on the heels of a successful bonds issue in New Zealand, UnitedNetworks
has announced a billion-dollar debt issuance programme in Australia.

http://www.sharechat.co.nz/articles/20010403-UNLaussiebonds.shtml

**

INL regains Sky stake

Independent Newspapers has lifted its stake in pay-TV operator Sky to take
its shareholding back to just under 50%.

http://www.sharechat.co.nz/articles/20010403-INLmoresky.shtml

**

Contact spends $73.5M on buyback

There are 27 million less Contact Energy shares on the market as a result of
the electricity company's share buyback.

http://www.sharechat.co.nz/articles/20010403-CENbuybackover.shtml

**

Telecom VC Fund hits A$70M

Telecom's venture capital fund, TMT Ventures, is planning to announce a
number of further investments in the next three months following its foray
into an optical equipment company.

http://www.sharechat.co.nz/articles/20010403-TELvcfund.shtml

**

Airlines Reap Sale Rewards

Air New Zealand and Qantas will realise around $80 million each from the
sale of two computer reservations systems used by travel agents in Australia
and New Zealand.

http://www.sharechat.co.nz/articles/20010403-AIRVAsalerewards.shtml

**

Offshore Acquisitions for Owens

Transport company Owens Group has purchased new businesses in Australia and
Papua New Guinea and announced a capacity jump for its Los Angeles airport
operation.

http://www.sharechat.co.nz/articles/20010403-OWNozpngpurchases.shtml

**

Stocktake: Tasman Agriculture shines in bearish market

As the big bear continues to suppress global stockmarkets, Tasman
Agriculture is proving to be an excellent, growth-yielding defensive stock
to hold in difficult times.  In Stocktake, Frank Fernandez looks at the
company - and the 66.1 percent takeover bid by high-powered Dairy Holdings
which augurs well for TasAg's future

http://www.sharechat.co.nz/articles/20010403-stocktake.shtml

**

Best Regards

The ShareChat Team


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