Takeover may cost Hawkins a 33pc premium No Source Allan Hawkins, the former head of Equiticorp who was jailed in the 1990s for his role in the so-called "H-fee" scheme, may have to pay a premium of about 33 per cent to take over Cynotech Holdings Ltd. |
The Hawk sends Cynotech shares soaring BusinessDay Shares in Cynotech Holdings have surged almost 32 percent after the listed firm said it expected a takeover offer from its chairman Allan Hawkins’ private investment company. |
Cynotech dividend u-turn BusinessDay Cynotech Holdings, the company headed by former Equiticorp boss Allan Hawkins, has cancelled $614,000 worth of shareholders' dividends only five days before these were to be paid. |
Cynotech profit up 3pc No Source Cynotech Holdings reported a 3 percent lift in half year net profit to $1.26 million, with chairman Allan Hawkins saying the company continued to approach the finance part of its business with caution. |
Cynotech plans to start lending No Source The finance group Cynotech Holdings led by Allan Hawkins says it is planning to start lending again from around the middle of the year. |
Cynotech looks for increased profit BusinessDay.co.nz Allan Hawkins says his finance company Cynotech will have a "reasonable increase" on last year's $1.8 million profit in the year to December - despite disagreeing with the Reserve Bank's predictions on the end of the recession. |
The Hawk sees more 'devastation' BusinessDay.co.nz The former boss of one-time high flying finance company Equiticorp sees no return to "any sort of normality" in the finance company sector till after the end of 2009. |
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