Tourism Holdings Ltd announced an $80 million capital-raising yesterday, $30 million from a placement to Chinese Government-controlled company HB Holdings Ltd and the balance in a 1:9 rights offer.
TH2, a joint venture between Thor Industries Inc of the US and NZX-listed Tourism Holdings Ltd, has merged its CamperMate & Roadtrippers Australasia businesses with leading Australian outdoor tourism marketplaces GoSeeAustralia and Outdoria.
Tourism Holdings Ltd said today it might sell some businesses.
Tourism Holdings Ltd has entered into an agreement to establish a 50:50 joint venture with US recreational vehicle (RV) manufacturer Thor Industries Inc.
Tourism Holdings Ltd has sold its Kiwi Experience showroom & office at 155 Beach Rd in Auckland, below the Copthorne hotel on Anzac Avenue.
Tourism Holdings Ltd increased its June year pretax surplus by 23% to $17.8 million, and net surplus by 29.5% to $11.2 million, on revenue down 2.7% to $170.5 million. Earnings/share rose 30%, from 8.8c to 11.4/share.Excluding one-off tax adjustments in both years & unusuals last year, the $10.3 million trading net profit after tax was […]