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Showing 841 - 850 of 890 results for "Tower"

Macquarie Office Trust reports 41% profit gain

WITH AAP  |  THURSDAY, 7 AUG 2003
... The trust's assets rose in the year by 6.7% to $1.605 million, with the acquisition of newly completed Brisbane waterfront tower, at 175 Eagle Street, for $95.95 million. Net property investment income rose to $140.65 million from $111.735 million. Macquarie ...

Tower announces sale of trustee business

Troubled insurer Tower Limited today announced the sale of Tower Trust New Zealand for $NZ25 million ($A22.5million). The purchaser is a private US-based investment company, Sterling Grace Corporation. Tower Trust New Zealand provides both personal ...

Tower appoints new chief financial officer

Tower Australia Ltd has appointed John de Zwart to the position of chief financial officer, it has announced. Mr de Zwart will report to chief executive Jim Minto and will be responsible for the implementation of financial processes across the Tower ...

NZ watchdog allows Tower capital-raising to proceed

WITH AAP  |  MONDAY, 7 JUL 2003
Tower's proposed capital-raising package underwritten by Guinness Peat Group (GPG) has been given the nod of approval by a New Zealand stock exchange (NZX) watchdog. The Market Surveillance Panel (MSP) today said it had granted GPG, which owns 9.9 per ...

Tower chairman says proxies will allow cap change motion

AAP  |  FRIDAY, 4 JUL 2003
Tower chairman Olaf O'Duill told a shareholders meeting in Wellington today that he believed he had enough proxies to remove the 10 per cent shareholding cap. He told a packed meeting of about 300 shareholders that he held a significant proportion of ...

Tower Australia to repay policyholders

Insurer Tower Australia Ltd has been ordered to repay policyholders $600,000, following a ruling today by the Federal Court of Australia. The court found Tower had engaged in misleading and deceptive conduct by including incorrect redemption or withdrawal ...

Tower must seek shareholder approval for GPG capital-raising plan

WITH AAP  |  WEDNESDAY, 2 JUL 2003
Tower must seek shareholder approval if Guinness Peat Group (GPG) underwrites an alternative capital-raising plan, the New Zealand Exchange (NZX) said today. Yesterday, Tower announced a second proposal to raise $210.8 million after investors expressed ...

Tower Group appoints two senior executives to NZ operations

Tower Group managing director Keith Taylor today announced the appointment of two senior executives to the company's New Zealand operations. Paul Bevin has been appointed chief executive for investment businesses, and previous managing director of Tower ...

CPA announces $317.2 million property acquisitions

WITH AAP  |  TUESDAY, 24 JUN 2003
... deliver an initial combined yield of 8 per cent, it has announced. CPA will acquire the remaining 50% stake in the commercial tower in the Melbourne Freshwater Place development, joining Australand in the investment. The office trust will also acquire ...

Australand announces fourth wholesale property trust

... Australand Wholesale Property Trust No. 4 will include the remaining 50 per cent interest in the Freshwater Commercial Office Tower, worth $134 million, plus three Sydney properties worth $35.6 million, $47 million and $32 million respectively. New investors ...