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Dorchester Pacific

Dorchester Pacific raises $10.3m through entitlement offer

Dorchester Pacific raises $10.3m through entitlement offer
Wellington, Aug 24 NZPA - Finance company Dorchester Pacific says it raised $10.3 million through an entitlement offer, meaning all necessary conditions of its capital reconstruction plan can now be met.

Regulator advises caution on offer for Dorchester debentures

Regulator advises caution on offer for Dorchester debentures
Wellington, July 28 NZPA - The Securities Commission is advising Dorchester Finance debenture holders to be wary of an offer from Australian-based Stock & Share Trading Company Pty.

NZ sharemarket is flat while other markets fall

NZ sharemarket is flat while other markets fall
Wellington, June 23 NZPA - The New Zealand sharemarket traded lower for most of the day before ending flat, while other markets retreated.

Independent report finds merit in Dorchester plan

Independent report finds merit in Dorchester plan
Wellington, June 15 NZPA - A proposal capital reconstruction plan by financial services company Dorchester Pacific has merit, PricewaterhouseCoopers says in an independent expert's report but it does disagree with the Dorchester board on some issues.

NZ sharemarket rises slightly, Telecom, Fletcher gain

NZ sharemarket rises slightly, Telecom, Fletcher gain
Wellington, May 31 NZPA - The New Zealand sharemarket was helped along by a rises in selected leading stocks today but trading was thin with the week in the United States and United Kingdom starting with holidays.

Dorchester Pacific full year net loss $19.1m

Dorchester Pacific full year net loss $19.1m
Wellington, May 31 NZPA - Financial services company Dorchester Pacific, which has been operating under a deferred repayment plan since late 2008, today reported a full year net loss of $19.1 million.

NZ Shares End Lower But Recover Earlier Weakness

NZ Shares End Lower But Recover Earlier Weakness
Wellington, Sept 1 NZPA - The New Zealand sharemarket ended down but recovered from its lows today as Asian markets took heart from a steadier Chinese market. The benchmark NZSX-50 index closed down 13.323 points, or 0.43 percent, at 3084.68.

Vodka Company Trio Move Into Finance Company Sector

Wellington, Aug 31 NZPA - The former owners of Vodka company 42 Below see potential in the decimated New Zealand finance company sector and have picked up a 19.47 percent stake in Dorchester Pacific for $400,000.

No Liquidation For Dorchester

No Liquidation For Dorchester
Wellington, Feb 18 NZPA - Dorchester Pacific shareholders have voted against putting the company into liquidation. The resolution was soundly knocked back, with only 0.23 percent voting to call the liquidators in, at yesterday's annual and extraordinary general meeting.

Dorchester Pacific Shareholders To Vote On Liquidation

Dorchester Pacific Shareholders To Vote On Liquidation
Wellington, Feb 3 NZPA - Dorchester Pacific shareholders are to have a vote on putting the company into liquidation, but the group behind the resolution now thinks shareholders would be foolish to support it. The resolution is also seen as having no chance of success.

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