Nuplex

If a company like Nuplex, which is still producing a profit and has a good global grip on the resin market, could run into trouble raising a relatively modest $110 million, it might be a forecast of similar troubles for other companies in dire need of capital which may have a few more red numbers in their books.

National Business Review (NBR) New Zealand 2009

Chemicals maker Nuplex rose 4.2%, recovering some of last week's steep losses after news the New Zealand Securities Commission was suing the company and its directors for alleged breach of disclosure rules.

Asian Shares Edge Higher 2010

Chemicals maker Nuplex advanced 0.8% to a 13-month high of NZ$3. 61, as investors continue to respond positively to steps taken by the company to address its high debt burden.

Asian Shares Higher Shri Navaratnam 2010

In New Zealand, resins maker Nuplex was down 2.6% after the New Zealand Securities Commission said Tuesday it plans to sue the company for a breach of stock exchange continuous disclosure rules last year.

Asian Shares Rise on Intel Gains Colin Ng 2010

Nuplex denied the Securities Commission's allegation of a breach and said it would vigorously defend the watchdog's proceedings against it.

Asian Shares Rise on Intel Gains Colin Ng 2010

Air New Zealand gained 1.6% and Nuplex rose 1.6% after both posted solid results last week.

Asian Shares Rise on Bank of Japan Meeting 2010

New Zealand shares ticked higher with Nuplex the big mover of the day, rising 4.2% after it said it was expanding its Specialties business through the purchase of the goodwill of the Australian and New Zealand ingredient business of the Med-Chem group of companies.

Asian Shares Higher; Nintendo Surges On 3-D Console News Colin Ng 2010

Nuplex was up 2.0% after falling 52% Friday on its plan to raise NZ$132. 8 million ($US74. 5 million) via a seven-for-one rights issue.

Asian Shares Get a Lift 2009

Mr. Gwyther noted that stocks related to economic growth were higher, with Nuplex up 1.4%, while Telecom was down 1.8%, weighing the market as investors position for its first-half earnings due Friday.

WSJ.com: What's News US 2011

Nuplex fell 5c to 332, Fisher & Paykel Healthcare fell 2c to 357, The Warehouse fell 5c to 370.

Stuff.co.nz - Stuff 2010