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AUSTRALIA'S CITY PACIFIC SET TO LIST ON BOURSE.
BRISBANE, June 1 Asia Pulse - City Pacific Ltd, a Brisbane-based property investor, has outlined plans to raise $A5 million ($US2.53 million) and list on the Australian Stock Exchange (ASX).
City Pacific is seeking to raise $5 million through an offer of five million shares at $1.00 each, which upon listing will represent 35.7 per cent of the issued capital of City Pacific.
The offer opened on May 12 and is expected to close on June 12, 2001.
Chairman Ian Donaldson said the company was in an excellent position to become a significant force in the financial services industry.
City Pacific had been growing its funds under management at an impressive rate since it was formed in 1997.
"By listing the company on the Australian Stock Exchange, we aim to build on our profile as the manager of high-quality financial products," he said.
"We will use the capital that we raise through this public offering to extent our product range, grow substantially the funds that we manage for investors, and to increase significantly the returns to our shareholders.
- CITY PACIFIC MAKES SECOND PROFIT UPGRADE FOR FYO4.
- News wire article from: AsiaPulse News May 17, 2004 700+ words
...million shares on issue, City Pacific will show earnings of...joint venture between City Pacific and property developer...is due to list on the Australian Stock Exchange tomorrow. By 1228, City Pacific shares were three cents...
- AUSTRALIA'S CITY PACIFIC RAISES FULL-YEAR PROFIT FORECASTS.
- News wire article from: AsiaPulse News May 17, 2004 700+ words
...A$40 million. City Pacific had around A$750...million shares on issue, City Pacific will show earnings...joint venture between City Pacific and property developer...due to list on the Australian Stock Exchange tomorrow...
- AUSTRALIA'S CITY PACIFIC, INDIGO GROUP TO FORM PROPERTY JV.
- News wire article from: AsiaPulse News March 31, 2004 700+ words
...and investment manager City Pacific Ltd (ASX:CIY) and...float a new company on the Australian Stock Exchange. The new public...bring in projects and City Pacific would provide finance. City Pacific chief executive Phil Sullivan...
- City Pacific throws in the towel.
- News wire article from: Australasian Business Intelligence October 7, 2009 700+ words
...Australian Financial Review - ABIX via COMTEX) -- City Pacific, which collapsed in July 2009, has applied...companies wound up. The affected entities include City Pacific Marina Management, City Pacific Project Management and eight other companies...
- City Pacific Limited.
- Press release article from: M2 Presswire August 31, 2009 700+ words
...August 2009-Research and Markets: City Pacific Limited(C)1994-2009 M2 COMMUNICATIONS...researchandmarkets.com/research/f4f957/city_pacific_limit) has announced the addition...Investors' Service's new companyprofile "City Pacific Limited" to their offering. Quantitative...
- AUSTRALIAN FUND MANAGER CITY PACIFIC SLASHES PROFIT OUTLOOK.
- News wire article from: AsiaPulse News June 27, 2008 700+ words
...Asia Pulse - Australian fund manager City Pacific Ltd (ASX:CIY) has cut its operating...exposure to the global credit crunch. City Pacific now expects a fiscal 2008 operating...line net profit was $73.2 million. City Pacific said it will not pay a final dividend...
- CITY PACIFIC POSTS LOSSES FOR 2008 FINANCIAL YEAR.(Financial report)
- News wire article from: AsiaPulse News September 1, 2008 700+ words
...Property investor and fund manager City Pacific Ltd (ASX:CIY) today reported a...on some its assets and investments. City Pacific said ructions in the property market...remaining solid in the key areas where City Pacific has investments, consumer uncertainty...
- NET PROFIT RISES 32PCT FOR AUSTRALIA'S CITY PACIFIC.
- News wire article from: AsiaPulse News August 25, 2005 700+ words
...Asia Pulse - Financial services company City Pacific Ltd (ASX:CIY) says that with the...investment products to remain strong. City Pacific said it expects to grow earnings in...increase of 36 per cent on 2003/04. City Pacific chief executive Phil Sullivan said the...
Source: HighBeam Research, AUSTRALIA'S CITY PACIFIC SET TO LIST ON BOURSE.