Adventus Holdings unit Adventus NZ says it is terminating a sale and purchase agreement signed with Medha International.
This was because less than 8 million tonnes of recoverable coal reserves were found by its geologists as agreed upon under the deal.
Adventus says it is taking steps to recover the deposit of US$1 million ($1.3 million).
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Relatives of the trapped 29 miners in New Zealand have received the worst news, reports euronews. Police at the scene have said following a second explosion at the Pike River colliery that all of the men are now believed dead.
Stamford Land Corporation, the operator of luxury hotels and developer of residential and commercial properties, says profit after tax increased 329.8% to $44.3 million for the half year ended 30 September 2010 (1HFY2011) from $10.3 million in 1HFY2010.
This was due to the favourable exchange rate for FY 2011 and fair value gains on investment properties. Hotels in Australia continue to perform strongly, with operating results for 2HFY2011 expected to be better than 1HFY2011.
Revenue fell slightly to $110.7 million in 1H11 from $111.0 million in 1H10.
NTA per share increased to $0.53 due to stronger A$ and NZ$ for investments in hotels and properties, with hotels conservatively valued at historical cost less depreciation.
A fair value gain of $47.3 million was recognised for the completion of Dynons Plaza in Perth.
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DRAGONS & GORILLAZ FIND ACCORD
While the rest of Little Dragon is back in Gothenburg, Sweden putting the finishing touches on their newly recorded album, Yukimi Nagano and Fredrik Wallin are currently on the road with the Gorillaz in North America as special guests’ performing both “Empire Ants” & “To Binge” off the Gorillaz’s Plastic Beach. Little Dragon is the only group featured twice on the spring 2010 release from the Gorillaz. The remaining members of Little Dragon will join Nagano and Wallin on the road for an exclusive full band performance this fall at the Treasure Island Music Festival in San Francisco (10/16), and then on the road in Europe as support for the Gorillaz, opening all of the shows along the world tour (Europe, Asia, Australia, New Zealand) through the end of the year. They will complete mastering their follow up to Machine Dreams after the Gorillaz tour. The Dragons are also set to depart for their own solo tour across the US at the top of 2011.
TOUR DATES NORTH AMERICA LITTLE DRAGON SUPPORTING THE GORILLAZ ON TOUR EUROPE ASIA AUSTRALIA NEW ZEALAND
GORILLAZ TOUR FEATURING FRED WALLIN AND YUKIMI NAGANO OF LITTLE DRAGON, WITH NERD AS SUPPORT
10/8 New York, NY @ Madison Square Garden
10/10 Camden, NJ @ Susquehanna Bank Center
10/11 Fairfax, VA @ Patriot Center
10/13 Detroit, MI @ Fox Theatre
10/14 Toronto, ON @ Air Canada Centre
10/16 Chicago, IL @ UIC Pavilion
10/17 Houston, TX @ Toyota Center
10/20 Dallas, TX @ Verizon Theatre
10/22 Austin, TX @ Frank Erwin Center
10/24 Denver, CO @ Wells Fargo Theatre
10/26 Phoenix, AZ @ Dodge Theatre
10/27 Los Angeles, CA @ Gibson Amphitheatre
10/28 San Diego, CA @ Viejas Arena
10/30 Oakland, CA @ Oracle Arena
11/2 Seattle, WA @ Key Arena
11/3 Vancouver, BC @ Rogers Arena
W/ MORE SPECIAL GUESTS TO BE ANNOUNCED
11/11 Dublin, IRE @ O2
11/12 Manchester, UK @ Evening News Arena
11/14 London, UK @ O2 Arena
11/15 Amsterdam, NL @ HMH
11/16 London, UK @ O2 Arena
11/17 Birmingham, UK @ NIA
11/18 Brighton, UK @ Centre
11/21 Berlin, DE @ Velodrom
11/22 Paris, FR @ Zenith
11/23 Paris, FR @ Zenith
11/25 Antwerp, BE @ Lotto
12/3 Hong Kong @ Asia World Arena
12/6 Perth, AUS @ Burswood Dome
12/8 Adelaide, AUS @ Entertainment Centre
12/11 Melbourne, AUS @ Rod Laver
12/16 Sydney, AUS @ Entertainment Centre
12/19 Brisbane, AUS@ Entertainment Centre
12/21 Auckland, NZ @ Vector Arena
Little Dragon Tour Dates :: Little Dragon News :: Little Dragon Concert Reviews
As a native of New Zealand, this story in an email today caught my eye. Apparently some Kiwis don’t think TomTom’s current ‘NZ’ voices sound as authentic as they should.
Neither do I; I have one of TT’s earliest ‘Go’ models and, though it has guided me flawlessly to many destinations in the UK, Europe and Canada, I don’t reckon the Kiwi accent on it is genuine, nor is the Australian version. So I stick to the UK or US voices while resisting regular pleas from the company to pay to download Homer Simpson.
TomTom announced a competition this week to find “the voice of New Zealand” for its vehicle navigation tool and some of the entries so far are classic, if almost incomprehensible to foreign ears in some cases.
A little Friday afternoon entertainment awaits.
Singapore shares may open higher on Monday after Wall Street notched its fourth week of gains, as a rise in August business spending was seen as the latest sign the recovery is on firmer ground. Singapore’s benchmark Straits Times Index <.FTSTI> was up 0.31% on Friday to 3,092.68 points.
Here are some stocks and factors to watch:
Commodities firm Olam International (OLAM.SI) may be in focus after it said that it has raised its stake in dairy farmer NZ Farming Systems Uruguay to 78% for NZ$101.8 million ($98.8 million), bringing its total investment to NZ$120.3 million. Olam shares rose as much as 9.2% on Friday on news that it is in merger talks with larger rival Louis Dreyfus.
Adventus Holdings says Adventus NZ, its wholly-owned subsidiary incorporated in New Zealand, has agreed to buy the coal-mining permits, land, plant and equipment located at Boatmans’ Creek, Town of Capleston, New Zealand, from Medha International for US$8.6 million ($11.4 million).
Adventus says the proposed acquisition will allow the company to pursue the mandate given by its shareholders on 20 November 2009 to pursue the business of commodities and mineral resources management, ownership, exploration, mining and development activities.
As advised earlier this week, your Board has engaged with both Olam and the potential new investor in an effort to reach a conclusion in the best interests of all shareholders.
NEW ALBUM EXPECTED IN 2011
 Dropkick Murphys |
Dropkick Murphys have
announced December tour dates in Australia and New Zealand as part of the No Sleep TilÂ…Festival 2010. Touring in
support of their Live On Lansdowne, Boston MA CD/DVD (Born & Bred Records/ILG), which
captures the intensity and camaraderie of 2009′s sold-out St. Patrick’s Day week hometown shows in Boston,
Dropkick Murphys will join Megadeth,
NOFX, Parkway Drive, Gwar, Frenzal Rhomb and more at each
festival date. Tickets go on sale Thursday, September 9. The full band lineup for each date can be found on the
festival’s website: www.nosleeptil.com.au.
Dropkick Murphys also continue their work with The Claddagh Fund, the charity established by DKM
founding member Ken Casey in support of non-profits that champion the causes of children, veterans and those
suffering from alcohol and drug addiction. The First Annual Claddagh Fund Celebrity Golf Tournament co-hosted
by NHL Hall Of Famer Bobby Orr will take place September 10 in Falmouth, Massachusetts. For details, go to www.claddaghfund.com.
No Sleep TilÂ…Festival Dates:
Friday, December 10 Auckland, NZ ASB Showgrounds
Sunday, December 12 Perth, AUS Arena Joondalup
Wednesday, December 15 Adelaide, AUS Entertainment Centre
Friday, December 17 Melbourne, AUS Showgrounds
Saturday, December 18 Sydney, AUS Entertainment Quarter Moore Park
Sunday, December 19 Brisbane, AUS RNA Showgrounds
Dropkick Murphys
Tour Dates
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Dropkick Murphys News
::
Dropkick Murphys
Concert
Reviews
Olam increased its bid to 70 New Zealand cents a share from 55 cents, valuing NZ Farming at NZ$171 million ($893 million), according to a filing with the New Zealand stock exchange. The new offer beats a 60 cents-a-share bid plan announced last week by Union Agriculture Corp., a Uruguayan landowner.
ACC has 17.2 million shares or a 7% stake, it said in a filing to the stock exchange. Olam today raised its offer to 70 New Zealand cents a share from 55 cents.
Olam increased its bid to 70 New Zealand cents a share from 55 cents, valuing NZ Farming at NZ$171 million ($164.2 million), according to a filing with the New Zealand stock exchange. The new offer beats a 60 cents-a-share bid plan announced last week by Union Agriculture Corp., a Uruguayan landowner.
Olam (O32.SG) +1.2% at $2.63 following latest expansion via NZ$109.6 million ($107.2 million) purchase of rest of 18.45%-owned NZ Farming Systems Uruguay (NZS.SG) it doesn’t already own, according to Dow Jones.
Company, NZFSU’s largest investor, already has pledge from second largest shareholder, PGG Wrightson (PGW.NZ), to sell its 11.5% stake.
Olam International, a Singapore-based commodity producer and trader, plans to make an offer for all the shares in NZ Farming Systems Uruguay Ltd. it doesn’t already own.
Olam is offering 55 New Zealand cents a share, valuing NZ Farming at NZ$134 million ($93 million), according to a filing with the New Zealand stock exchange. NZ Farming, which is based in New Zealand and owns dairy farms in South America, traded at 41 cents on July 16.
FALL RUN STARTS SEPTEMBER 24 AT GREEK THEATER IN BERKELEY, CA
 Band of Horses |
Band of Horses have
announced new tour dates for the fall, starting at the end of September through October. After wrapping up
midwest dates, the band will head to Australia, Japan, and various countries throughout Europe before starting their
fall tour on September 24 at the Greek Theater in Berkeley, CA. Other tour stops include Los Angeles, Las Vegas,
Denver, Columbus, Indianapolis, Atlanta, and St. Louis.
Band of Horses 2010 Tour Dates:
07/12 – Nashville, TN @ War Memorial
07/13 – Cincinnati, OH @ Inner Circle
07/14 – Columbia, MO @ Blue Note
07/16 – Milwaukee, WI @ Eagles Club
07/17 – Minneapolis, MN @ State Theater
07/22 – Adelaide, AU @ Gov Hindmarsh
07/24 – Perth, AU @ Perth Esplanade
07/27 – Melbourne, AU @ Palace
07/29 – Sydney, AU @ Enmore
07/31 – Brisbane, AU @ Splendour in the Grass
08/03 – Auckland, NZ @ Powerstation
08/07 – Osaka, JP @ Summersonic
08/08 – Tokyo, JP @ Summersonic
08/19 – Hasselt, BE @ Pukkelpop
08/20 – Hohenfelden, DE @ Highfields Festival
08/27 – Paris, FR @ Rock en Seine
08/28 – Leeds, UK @ Leeds Music Festival
08/29 – Reading, UK @ Reading Music Festival
09/24 – Berkeley, CA @ Greek Theater
09/25 – Los Angeles, CA @ Greek Theater
09/27 – Las Vegas, NV @ The Joint
09/28 – Salt Lake City, UT @ In The Venue
09/29 – Denver, CO @ Fillmore
10/01 – Des Moines, IA @ Val Air Ballroom
10/04 – Cleveland, OH @ House of Blues
10/05 – Columbus, OH @ LC Amphitheater
10/06 – Louisville, KY @ Brown Theater
10/10 – Austin, TX @ Austin City Limits Festival
10/12 – Tulsa, OK @ Cain’s Ballroom
10/13 – St. Louis, MO @ The Pageant
10/14 – Kansas City, MO @ Uptown Theater
10/17 – Indianapolis, IN @ Egyptian Room
10/21 – Toronto, ON @ Koolhaus
10/22 – Detroit, MI @ Fillmore
10/30 – Atlanta, GA @ The Fox Theater
Band of Horses
Tour Dates
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Band of Horses News ::
Band of Horses
Concert
Reviews
CIMB in a June 1 research report says: “Thailand’s recent political instability is not likely to have a
major impact on Cerebos, while A$ and NZ$ weakness is likely to affect mainly its topline. While our FY2010-2012 EPS estimates are intact, we see earnings upside from its strong performance in 1H10.
This list included to Britain, the United States, Italy, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, Hong Kong and Japan. The one destination where it was not No. 1 was to New Zealand, as its flights are operated by Air New Zealand (AIR.NZ).
Is the album cover art for Christina Aguilera’s new LP Bionic fierce or what!? The working mom and five-time Grammy winner is set to release a disc of her thundering vocals — her first original album since 2006’s Back To Basics – on June 8.
Keep your ears open for Christina’s new single, [...]
Otto Marine, the offshore marine company which specialises in building complex offshore support vessels, ship chartering and offshore services, says its subsidiary, Singapore-based Reflect Geophysical has secured its fourth seismic contract since the group purchased a 74% stake in Reflect on Nov 13.
Pavement Announce Additional Headlining Dates
 Pavement Backstage at First Show – 03/01Photo from: spiralstairsmusic.blogspot |
Pavement has revealed the first additions to their September U.S. headline itinerary since last year’s initial announcement of their reunion tour. At that point, four shows at New York City’s Central Park SummerStage sold out over one weekend.
The following six shows will be part of the reunion tour’s climactic conclusion at home in the U.S.
09/09/10 Thu 1st Bank Center (Formerly The Odeum) Broomfield, CO
09/11/10 Sat Uptown Theater Kansas City, MO
09/12/10 Sun Roy Wilkins Auditorium St. Paul, MN
09/17/10 Fri Mann Center for the Performing Arts Philadelphia, PA
09/18/10 Sat Agganis Arena Boston, MA
09/21/10 Tue Central Park SummerStage New York, NY
09/22/10 Wed Central Park SummerStage New York, NY
09/23/10 Thu Central Park SummerStage New York, NY
09/24/10 Fri Central Park SummerStage New York, NY
09/26/10 Sun The Tabernacle Atlanta, GA
Complete Pavement tour dates available here.
Last night at Town Hall in Auckland, NZ, Pavement played their first show in over 10 years. The band busted out a 25-song set that began with “In the Mouth a Desert,” from 1992′s full-length debut, Slanted and Enchanted and went on to include “Grounded,” “Cut Your Hair,” “Gold Soundz,” “Shady Lane,” “Rattled by the Rush,” “Range Life,” “Stereo,” and “Spit on a Stranger” amongst others.
Following the show, guitarist Scott “Spiral Stairs” Kannberg hit up his blog where he reported: “We were seriously nervous! The show was great. The fans were unreal. Whew… all those Pavement anxiety dreams can now go away!”
There are a bunch of YouTube videos posted here. We’ve pulled a few for your enjoyment:
Pavement Tour Dates :: Pavement News
