Show your support by donating any amount. (Note: We are still technically a for-profit company, so your
contribution is not tax-deductible.)
PayPal Acct: 
Feedback: 
Donate to VoyForums (PayPal):
| Sunday, May 17, 08:04:22am | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, [3], 4, 5, 6, 7, 8, 9, 10 ] |
| Subject: 250m conversion begins ERG shake-up | |
|
Author: Sydney Morning Herald 29/03/2003 |
[
Next Thread |
Previous Thread |
Next Message |
Previous Message
]
Date Posted: Saturday, March 29, 11:50:50am In reply to: Newspapers reporting result--March 7 2003 SMH 's message, "Noteholders have tickets to ride" on Thursday, March 06, 08:38:56am Modify Search Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next >> Relevance Title $250m conversion begins ERG shake-up The first stage of the recapitalisation plan for smartcard operator ERG has been approved at a meeting in Perth. Sydney Morning Herald 29/03/2003 Cost - $1.65 318 words ERG's debt move just the ticket for transit tenders Ticketing and smartcard company ERG is close to completing its capital restructure but is yet to prove it has addressed its structural cash flow problems. By Emma Connors The Australian Financial Review 29/03/2003 Cost - $2.20 431 words ERG nails $110m Proton deal Swiss micro-chip manufacturer STMicroelectronic has been named as the buyer of ERG's Proton World smartcard technology in a $110 million deal that will bring ERG $60 million in cash and a step closer to financial recovery. By Mandy Bryan The Australian Financial Review 27/03/2003 Cost - $2.20 512 words ERG takes a bath: sells Proton World for net figure of $60m Smartcard operator ERG has confirmed its sale of subsidiary Proton World, crystallising a $50 million loss on an investment made less than two years ago. Sydney Morning Herald 27/03/2003 Cost - $1.65 422 words ERG loses $50m on Proton Smartcard operator ERG has confirmed its sale of subsidiary, Proton World, crystallising a $50 million loss on an investment less than two years old. The Age 27/03/2003 Cost - $1.65 254 words ERG pins hopes on restructure This month is make or break time for Australian ticketing and smartcard company ERG as it embarks upon a capital restructure it hopes will end its financing woes. By Mandy Bryan The Australian Financial Review 18/03/2003 Cost - $2.20 800 words NRMA members left by the roadside After the past fortnight, there is no excuse for any reader being in the slightest doubt about the purpose of the demerger of the NRMA in NSW. The demerger of the road-service arm from the insurance business was designed purely to throw heaps of cash at merchant bankers and corporate advisers. The Australian Financial Review 14/03/2003 Cost - $2.20 1397 words Big contracts should be just the ticket Investors in the Perth smartcard and ticketing company ERG must be scratching their heads in disbelief. BRW 13/03/2003 Cost - $2.20 880 words ERG blames fare-system delays on foul play by the cubic metre ERG says revenue would have been $100 million higher but for a guerilla campaign by a rival company. The Age 13/03/2003 Cost - $1.65 1005 words ERG breaks 10c as foreigners depart It was once just the ticket. No longer. These investors have been clipped. Sydney Morning Herald 11/03/2003 Cost - $1.65 768 words [ Next Thread | Previous Thread | Next Message | Previous Message ] |
| Subject | Author | Date |
| Saville set to emerge with controlling interest in ERG | March 31 2003--SMH. | Monday, March 31, 08:20:00am |