Key Developments: Agria Corp (GRO)
1.03USD
17 May 2013
$-0.02 (-1.90%)
$1.05
$1.04
$1.06
$1.03
36,144
80,254
$1.25
$0.65
Latest Key Developments (Source: Significant Developments)
Agria Corp Issues FY 2013 EBITDA Guidance
Agria Corp announced that for fiscal 2013, it expects EBITDA to be in the range of NZD48 - NZD40 million compared with NZD55 million in for the corresponding period last year. Full Article
Agria Corp Appoints Chief Financial Officer
Agria Corp announced that it has Patrick Wai Yip Tsang as Chief Financial Officer effective February 15, 2013. Full Article
Agria Corp And PGG Wrightson Limited To Cooperate With PRC Agricultural Partners
Agria Corp and its New Zealand listed subsidiary PGG Wrightson Limited announced that the operating entities of Agria and PGW have signed two memoranda of understanding with PRC agricultural partners in Guangdong Province and Shandong Province. According to the memorandum of understanding with Guangdong Academy of Agricultural Sciences, Crops Research Institute, and Guangdong Golden Crops Agricultural Sciences & Technology Co., Ltd, the parties will develop a high-profile agriculture showcase under the name of 'The China Guangdong - New Zealand Agriculture Showcase' in Guangdong Province. The parties will cooperate in the following areas, to establish the China Guangdong - New Zealand Agriculture Showcase for the showcasing and promotion of innovative products, advanced agricultural technology, advanced plant species, and advanced agricultural production models; to cooperate in the exchange and training of agriculture specialists; Full Article
Agria Corporation Changes Fiscal Year End
Agria Corporation announced change of fiscal year end from December 31 to June 30 to align its reporting with that of PGG Wrightson, its largest subsidiary. This transitional report will include Agria's financial statements for the six months ended June 30, 2011. Had Agria not changed its fiscal year end, its next annual report on Form 20-F would have been for the year ending December 31, 2011 and would have been required to be filed by no later than April 30, 2012. Full Article
Agria Corporation Appoints John Layburn As CFO
Agria Corporation announced that it has appointed John Layburn as Chief Financial Officer (CFO) effective today. John Layburn has served as Agria's Acting CFO since April 2011 Full Article
Agria Corporation Announces Final Judgment And Dismissal With Prejudice Of All Claims In Consolidated Securities Action
Agria Corporation announced that all claims asserted by the lead plaintiff and the class in the consolidated securities class action have been dismissed with prejudice by the United States District Court, Southern District of New York. By entering into the agreement, neither Agria nor the other defendants admit wrongdoing or liability. The final judgment and order of dismissal with prejudice approve the previously announced memorandum of understanding (MOU) with the lead plaintiff, which provided for the settlement and release and dismisses with prejudice any and all claims that were asserted, or could have been asserted, against all defendants in or relating to 'In re Agria Corporation Securities Litigation, Consolidated Case No. 1:08-cv-3536 (WHP),' including all of the underwriter defendants and all served and un-served defendants named in the consolidated complaint dated February 3, 2009. Under the final agreement, the amount to be paid on behalf of all defendants to the lead plaintiff for the benefit of the class in settlement of the abovementioned class action is $3.75 million. Full Article
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