Business Services Industry

First to list in the new year, Penrice rises to the occasion.

Australasian Business Intelligence, July, 2005

Jul 04, 2005 (The Australian Financial Review - ABIX via COMTEX)

Adelaide soda ash manufacturer, Penrice Soda Holdings, floated on the Australian Stock Exchange on 4 July 2005. The stock closed $A0.035 above its issue price of $A1.93 a share. The initial public offering raised more than $A80 million, with owners Quadrant Capital Fund Number Three and Colonial First State Private Equity selling their stakes. Penrice is forecasting a net profit after tax of $A10.2 million for 2005-06, on revenue of $A140 million, and a dividend of $A0.142 a share.

Publication Date: 5 July 2005

PENRICE SODA HOLDINGS LIMITED - ASX PSH: 

QUADRANT CAPITAL PTY LTD:

COLONIAL FIRST STATE PRIVATE CAPITAL LIMITED -

ASX CFI:

COMMONWEALTH...

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