2001 Archive - Nufarm

13 Dec 01 Nufarm moves into insecticides via investment in India
Nufarm Limited announced today that it had signed a letter of intent to invest in the agricultural chemicals business of Excel Industries Limited, a leading crop protection company in India. Nufarm will pay an undisclosed cash sum for an initial strategic stake of 14% in the business.

23 Nov 01 NZ$225 million raised in capital notes issue
Nufarm Limited announced today that its subsidiary, Fernz Corporation (NZ) Limited has closed the public pool ahead of schedule for its new capital notes issue.

11 Oct 01 2001 Profit Result
After reporting a flat operating profit for 2001, Nufarm Limited today said it is strongly positioned to achieve double digit profit growth in the current year.

05 Sep 01 New General Manager appointed to Artfern Pty Ltd
Mr Paul Nott has been appointed as the new General Manager of Artfern Pty Ltd, a joint venture company to be owned by Wesfarmers Landmark and Nufarm Limited.

03 Sep 01 Nufarm to seek new financing arrangements
Nufarm Limited announced today that it has jointly appointed UBS Warburg and Credit Suisse First Boston to advise on and manage a new capital note issue to replace the existing capital notes. Challenger International is arranger to the issue.

06 Aug 01 Nufarm shareholders approve delisting in New Zealand
Shareholders of Nufarm Limited today voted in support of a proposal to cease trading the company’s shares on the New Zealand Stock Exchange (NZSE). Nufarm has been registered as an Overseas Listed Issuer on the NZSE since migrating its head office and primary listing to the Australian Stock Exchange (ASX) in January of 2000.

03 Aug 01 Nufarm to consolidate Australian supply position
Nufarm Limited announced today that it has agreed to acquire manufacturing facilities and will enter into a supply agreement which will consolidate its position as a leading producer and supplier of crop protection products to the Australian market.