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First NZ Capital Securities

Auckland gets big sale of seven-year bonds to investors away

Wellington, Sept 27 NZPA - The new Auckland Council has effectively raised $350 million before it comes into existence on November 1.

Trust against any board representation for Marlborough Lines

Wellington, Aug 12 NZPA -The Eastern Bay Energy Trust will not support any attempts by Marlborough Lines to gain a seat on the board of Horizon Energy Ltd.

Marlborough Lines extends offer again for Horizon Energy

Marlborough Lines extends offer again for Horizon Energy
Wellington, Aug 2 NZPA - Marlborough Lines has extended its offer for Horizon Energy shares for the second time by a further week.

Marlborough Lines extends offer for Horizon Energy

Marlborough Lines extends offer for Horizon Energy
Wellington, July 16 NZPA - Marlborough Lines has extended its offer for Horizon Energy shares by two weeks to July 30.

Shortfall On PGG Wrightson Rights Issue Is 4.9 Percent

Shortfall On PGG Wrightson Rights Issue Is 4.9 Percent
Wellington, Dec 18 NZPA - PGG Wrightson said 95.1 percent of shareholders took up their rights in the company's rights offer, leaving a shortfall of 4.9 percent for underwriters to pick up.

PGG Wrightson Capital Raising To Be Followed By Board Changes

PGG Wrightson Capital Raising To Be Followed By Board Changes
Wellington, Nov 20 NZPA - PGG Wrightson has unveiled a $249.4 million recapitalisation to be followed by a boardroom shake-up reflecting radically-altered ownership.

PGG Wrightson Aiming To Raise $180.7m Through Rights Issue

PGG Wrightson Aiming To Raise $180.7m Through Rights Issue
Wellington, Nov 20 NZPA - Rural services company PGG Wrightson is planning to raise $180.7 million through a fully underwritten renounceable rights issue.

F&P Shares Rocket Higher On Chinese Investment News

F&P Shares Rocket Higher On Chinese Investment News
Wellington, May 27 NZPA - Fisher & Paykel Appliances' shares switched to the power cycle this morning on news Chinese appliance company Haier will take 20 percent in the Auckland-based whiteware maker.

Nuplex Confirms Earnings, Says Rights Issue Will Be Enough

Nuplex Confirms Earnings, Says Rights Issue Will Be Enough
Wellington, March 23 NZPA - Resin manufacturer Nuplex has confirmed its earnings guidance of $43 million for the second half of 2009 and says a rights issue will be enough to reduce its debt to a manageable level.

Nuplex Changes Capital Raising Plans

Nuplex Changes Capital Raising Plans
Wellington, March 20 NZPA - Shares in Nuplex Industries dropped sharply when the company came out of a four-day trading halt and said it had dropped plans for a placement of shares.