Published 15 May 2006 Australasian Property Holdings Group Ltd’s reverse takeover by ICP Holdings Ltd has been completed, turning it from an investor in a resort development in the Blue Mountains west of Sydney into a participant in the international biotechnology sector. The listed company will change its name to ICP Biotechnology Ltd on Wednesday, […]
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Australasian Property Holdings close to switch to biotech
Published 23 April 2006 Shareholders of Australasian Property Holdings Ltd will meet on Friday 4 May to vote on a proposal for the reverse takeover of the company by ICP Holdings Ltd. If the resolution is approved, the former property company will be renamed ICP Biotechnology Ltd. Dr Earl Stevens & family interests will own […]
Read more →Slight change to Australasian Property’s reverse takeover by ICPBio
Published 25 January 2006 Australasian Property Holdings Group Ltd’s direction change – out of property, into biotechnology, announced on 22 December – has taken a slightly different course from the original proposal. The company has cancelled a rights issue but still plans to consolidate its shares before implementing a reverse takeover. However, there’s a complication […]
Read more →Australasian Property negotiates Katoomba sale, weighs up restructure
Published 27 October 2005 Struggling small New Zealand-listed property company Australasian Property Holdings Group Ltd’s directors said today they were negotiating to sell the group’s interest in The Escarpments development project at Katoomba, in the Blue Mountains outside Sydney. The directors also made a placement of just under 8 million shares at NZ6c/shares (for just […]
Read more →Australasian Property suspended
Published 10 October 2005 Update: Australasian Property Holdings Group Ltd securities were suspended from trading today as the company still hadn’t filed its annual report, due on 30 September with 5 days’ leeway allowing for late filing. Original story: Australasian Property misses annual report deadline Published 4 October 2005 Australasian Property Holdings Group Ltd […]
Read more →Australasian Property Holdings suspension lifted
Australasian Property Holdings Ltd provided NZX with its annual report today, so the suspension of trading in its shares will be lifted from Monday 18 October. The exchange suspended trading in the shares on 7 October after Australasian Property Holdings failed to provide its annual report by the due date of 30 September. The company […]
Read more →Update 7 October 2004: NZX suspends Australasian Property Holdings
NZX Regulation suspended trading in Australasian Property Holdings Ltd shares today because of the company’s failure to provide the exchange with its annual report by 30 September. Trading in Pure NZ Ltd shares was similarly suspended today. Original story, 4 October 2004: Australasian Property Holdings misses annual report deadline Australasian Property Holdings Ltd failed to […]
Read more →Australasian Property Holdings gets new Katoomba completion venture
Australasian Property Holdings Group Ltd, a small property company listed in New Zealand but involved in developing the escarpments project at Katoomba, in the Blue Mountains outside Sydney, has executed a heads of agreement with Reed Property Services Pty Ltd for a 50:50 joint venture on the remaining 86 dwellings. Reed will provide subordinated loan […]
Read more →Australasian Property Holdings defers some preference share redemptions
Australasian Property Holdings Group Ltd is withholding repayment of principal on some convertible cumulative redeemable preference shares until 14 May, when it’s obliged to complete certain works in its Escarpments project in the Blue Mountains outside Sydney. The New Zealand-listed company said today it was prudent to withhold the money to ensure it had sufficient […]
Read more →NZX suspends Australasian Property Holdings trading
NZX suspended trading in the securities of Australasian Property Holdings Group Ltd this afternoon (1.58pm, Wednesday 21 April) “as NZX considers that a false market in APH securities exists.” The exchange said it was working with Australasian Property Holdings to provide full & complete disclosure, and trading would remain suspended until NZX was satisfied the […]
Read more →Australasian Property to start Katoomba second stage
New Zealand-listed Australasian Property Holdings Group Ltd, which is developing The Escarpments at Katoomba, in the Blue Mountains outside Sydney, has reached agreement with the Sydney-based Reed Building Group on a joint venture to complete the project’s residential & serviced apartment/hotel components. Reed will contribute $A2 million of new equity for its stake in the […]
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