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Showing 851 - 860 of 894 results for "Tower"

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 ...

Tower looking to make interest payments on capital bonds, despite losses

Tower Group announced today in its 2003 financial report that despite a $154.4 million loss for the half-year to March 31 2003, the company intends to make interest payments on the capital bonds. The company's chairman Olaf O'Duill said that the financial ...

Growth funds record highest returns (5.8%) since December 2001: InTech survey

... both returning 1.8%. While no managers produced a negative return, fund managers at the bottom of the list for May were Tower, Portfolio Partners and Maple-Brown Abbot, all recording 0.5% returns. At the top of the list for the financial year in terms ...

Morningstar reconfirms Tower's one star rating

Morningstar has announced that Tower - comprising Tower Australia Ltd, Tower Australian Superannuation Ltd and Tower Managed Funds Ltd - will remain in the 'very poor quality' fund manager category and retain its one star performance rating. A more ...

Westpac Office Trust consolidates Sydney office tower construction projects

Leighton Properties has commenced work on two office towers as part of Westpac Office Trust's latest ambitious investment offering, Westpac has announced. Westpac established the Trust in March to acquire the Sydney site, and plans to consolidate its ...

Tower to refinance senior debt following S&P downgrade

The Tower board has decided to fully refinance its entire existing senior debt facilities comprising NZ$110 million (A$100 million) floating rate notes and NZ$190 million (A$170 million) syndicated bank facility, it has announced. This refinancing will ...

Afternoon market wrap: Shares run out of steam

... of steam somewhat in the afternoon session, eroding gains earlier in the day. AMP finished at $4.91, a fall of $0.07, but Tower and Promina both eked out slight gains. The four major banks were all stronger. In percentage terms ANZ was the strongest ...