Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

New Zealand China Clays Sale Clears Way For Bendon

Bendon Group Limited

Bendon Group Limited today announced the completion of the sale of New Zealand China Clays, and confirmed the payment of an interim dividend to Shareholders of 4 cents per share.

The Company received the final installment of payment from purchaser Mircal following audit clearance of the completion balance
sheet as at 30th June 2000.

Bendon Group Limited Chairman, Dr Ian Parton, said the settlement process had been smooth.

"With the completion of this transaction, we can now turn completely toward a very bright and focused future for Bendon," Mr Parton said.

The interim dividend of four cents per share, which was declared by the Directors at the Annual Meeting, will be paid on 30th August, 2000, to Shareholders who are on the register at the close of business on 25th August 2000.

Ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tornado Aftermath: More Storms Forecast For New Plymouth

Up to 30 homes were damaged Monday night when a tornado roared through a New Plymouth suburb last night , cutting power lines, tearing off roofs, and toppling trees. More>>

ALSO:

Government Investment Rejig: Sustainable Food & Fibre Futures Launched

Growing New Zealand’s food and fibre sectors sustainably and supporting a thriving economy are the hallmarks of a new investment programme announced today by Agriculture Minister Damien O’Connor. More>>

Dump Levy Options: Waste Work Programme Announced

Associate Environment Minister Eugenie Sage has announced a programme of work to take action on New Zealand’s long-neglected waste problems. More>>

ALSO:

Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>

ALSO:

Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>

ALSO: