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First NZ Capital

Haier Widely Tipped To Take Stake In F&P Appliances

Haier Widely Tipped To Take Stake In F&P  Appliances
Wellington, May 26 NZPA - Chinese appliance company Haier is being widely tipped to take up a sizeable shareholding in Auckland-based whiteware maker Fisher & Paykel Appliances.

NZ Sharemarket Rises Modest 0.5 Pct After Strong Gains Offshore

NZ Sharemarket Rises Modest 0.5 Pct After Strong Gains Offshore
Wellington, May 19 NZPA - The sharemarket closed nearly half a percent higher, but declines in two of the top three stocks pegged back its gains compared with markets offshore.

NZ Share Market Rises Slightly But Swine Flu Cited As Factor

NZ Share Market Rises Slightly But Swine Flu Cited As Factor
Wellington, April 27 NZPA - Investors pondered the economic impact of the swine flu outbreak, selling airline and tourism stocks and buying makers of pork substitutes and health products.

Nuplex Raises Further $26.7m From Call Option

Nuplex Raises Further $26.7m From Call Option
Wellington, April 24 NZPA - Nuplex Industries has raised $26.7 million from the exercise of a call option on its right issue, which will be used to reduce debt.

Nuplex Shares On Trading Halt

Nuplex Shares On Trading Halt
Wellington, April 24 NZPA - Shares in resins company Nuplex Industries were placed on a trading halt shortly after the sharemarket opened today, pending an announcement from the company.

Nuplex Issues 578m Shares Through Rights Issue

Nuplex Issues 578m Shares Through Rights Issue
Wellington, April 23 NZPA - Nuplex today issued the 577.6 million shares provided through a renounceable rights issue to existing shareholders. Shareholders were offered seven new shares for every one existing share, at an issue price of 23c a share.

Sky City Institutional Placement At $2.61 Per Share

Sky City Institutional Placement At $2.61 Per Share
Wellington, April 22 NZPA - Sky City Entertainment Group's institutional placement of 71 million shares was made at a price of $2.61 per share, which the company said was at the top end of the bookbuild range.

Nuplex Rights Issue Falls Short By 4 Percent

Nuplex Rights Issue Falls Short By 4 Percent
Wellington, April 21 NZPA - Chemicals manufacturer Nuplex Industries said today its rights offer was undersubscribed by 4.09 percent, or $5.4 million, which would be taken up by underwriters First NZ Capital and sub-underwriters.

NZ Share Market Posts Healthy Gains

Wellington, April 17 NZPA - The New Zealand share market was decidedly perky today, leading brokers to speculate new money is flowing into the market.

Nuplex Under-Writing Call Option Explained

Nuplex Under-Writing Call Option Explained
Wellington, April 8 NZPA - Nuplex Industries Ltd today defended a controversial call option on its current rights issue.

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