NZX Trading Press Releases

Downer announces its Mining Division has signed contracts through to June 2015 with BHP Billiton Mitsubishi Alliance resulting in improved productivity and returns for Downer mines in the Bowen Basic, Central Queensland.

SKY Television announces to the market the purchase of outside broadcast operator OnSite Broadcasting (NZ) Limited (OSB New Zealand) stating an intention to market their services in New Zealand.

John Duncan, Torchlight MD confirmed the $100m loan arranged for South Canterbury Finance (SCF) was unaffected by the statutory management of Allan and Jean Hubbard business interests.

Christchurch City Holdings (a major shareholder of Lyttelton Port Company) advises that it is in principle supportive of a proposed merger with Port of Otago.

The NZX have advised that Telecom Corporation of New Zealand have placed a trading halt on all Ordinary Shares pending an announcement by the company.

Dairy Equity Chairman Peter Jensen confirms that it will make a distribution and delist on 23 April 2010.

Online accounting software company Xero enters into agreement with Schola Technologies to deliver an integrated online school management system for roll out in the 2011 school year.

CEO of Renaissance Corporation, Richard Webb’s detailed review delivers a forecast for the 2010 calendar year of an expected top line revenue of $205 million and an EBITDA of $3.5 million.

Restaurant Brands annual sales were $317.8m, an increase of 2.8% on the 53 week prior year, with KFC being the main driver of the total sales growth.

Briscoe Group announce unaudited sales for the quarter ending 31 January 2010 are up 14.32% than the same quarter the year before.