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Rangatira
Tecpak Industries Limited (79.4% owned by Rangatira Limited) has entered into a conditional agreement to sell 100% of its assets to Tec Projects Limited, a subsidiary of Pact Group NZ Limited. Pact Group is an Australian based private business owned by the Geminder Family.
http://www.unlisted.co.nz/uPublic/un...cement_id=1775
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Rangatira
Aren't these guys the investment arm of the Mckenzie Trust ?
It seems they should be a good bet for a dividend stream with a low risk. But what's the difference between the A and B shares ?
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Originally Posted by GTM 3442
Aren't these guys the investment arm of the Mckenzie Trust ?
It seems they should be a good bet for a dividend stream with a low risk. But what's the difference between the A and B shares ?
The As have voting rights,and the Bs do not. This way McKenzie Trust keeps control.I had these shares a few years ago ,thought they were well managed.
Last edited by percy; 01-12-2010 at 06:36 PM.
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Rangitira A vs Rangitira B
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Sale of Rangatira subsdiary Dunlop Living Limited
Attached media release - Sale of Dunlop Living Limited
http://www.unlisted.co.nz/uPublic/un...cement_id=1844
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Sale of Rangatira associate company Te Kairanga Wines Limited
Attached media release - sale of Te Kairanga Wines Ltd
http://www.unlisted.co.nz/uPublic/un...cement_id=1846
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