Richina Pacific

Published 5 July 2009 Richina Pacific Ltd gave notice this week that it intends to stop carrying on business in New Zealand.   Richina Pacific is registered in Bermuda and has carried on business in New Zealand as an overseas company since 2003, when it replaced a local company of the same name on the […]

Published 16 December 2008 Richina Pacific Ltd will be delisted after shareholders voted yesterday in favour of amalgamation with 3 private Richina entities – Richina Ltd, Richina Enterprise Holdings Ltd & Richina Enterprise Holdings (SLC) Ltd.   Shareholders can retain their investments in the company, but will be offered buyout opportunities 3 times in 2009. […]

Published 11 October 2006 Richina Pacific Ltd said last night a broker’s letter might have spurred a drop in its share price from 49c on Friday to 38c on Tuesday. NZX Regulation queried the 22% drop, combined with higher than usual volumes traded. Richina Pacific said it was unaware of any reasons relating to the operations […]

Published 30 August 2006 Richina Pacific Ltd said yesterday the Richina Land sector, which includes the New Zealand-based Mainzeal Property & Construction operations, has turned round from the first-half loss it made last year. Richina Land reported $US1.6 million ebit (earnings before interest & tax) compared to a $US2.8 million loss for the half in […]

Published 6 June 2006 NZX Regulation has granted Richina Pacific Ltd a waiver to enable $US5 million of bridging finance from its major shareholder its existing loan facility as matured before a new long-term facility can be drawn down. The majority shareholder is Richina Enterprise Holdings Ltd, a group of large private overseas interests holding […]

Published 2 April 2006 One of the best surprises for a visitor to Mainzeal’s headquarters up the top of Queen St was, after getting through some of the basement carpark without crashing into something, to find a turning space. With a bit of luck you were allowed to park there too. And then, when you […]