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Offers
Harmony Gold Mining Company Ltd
26/02/03
Has announced an agreement to subscribe for shares in, and an intention to make a public takeover offer for, Abelle Ltd in Australia. Subject to shareholder approval, Harmony has agreed to subscribe for 35 million shares in Abelle at a price of A$0.75 per share. In addition, Harmony intends to make a cash offer of A$0.75 for each Abelle share and A$0.45 for each of the listed options in Abelle. Harmony has entered into an irrevocable pre-bid acceptance agreement with Abelle's major shareholder, Guiness Peat Group Plc, to acquire a 19.9% shareholding in Abelle.
Indcor Ltd
24/02/03
Share Purchase Plan offer to all shareholders, announced on 20 December 2002, closed on Friday 14 February 2003. The offer to raise up to $750,000 has been oversubscribed and has raised $883,500.
Safe Effect Technologies Ltd
28/02/03
Prospectus for a pro-rata non-renounceable rights issue to raise $5,030,959 has been lodged with Australian Securities and Investments Commission. The rights issue is fully underwritten by Hood Group Holdings Ltd.
Ticor Ltd
26/02/03
Offer dated 24 January 2003 has been declared unconditional.
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Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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