Key Developments: Lynas Corp Ltd (LYSCF.PK)
0.56USD
23 May 2013
$-0.03 (-4.48%)
$0.58
$0.52
$0.56
$0.52
163,218
214,140
$1.10
$0.48
Latest Key Developments (Source: Significant Developments)
Lynas Corp Ltd Appoints Chief Executive Officer
Lynas Corp Ltd announced that effective March 31, 2013, Eric Noyrez will be appointed to the board of the Company as an executive director and become the Company's Chief Executive Officer. Full Article
Lynas Corp Ltd Not To Pay H1 2013 Dividend
Lynas Corp Ltd announced that there were no dividends declared or paid during the first half of fiscal 2013 (H1 2012: nil). Full Article
Lynas Corp Ltd Issues New Ordinary Shares
Lynas Corp Ltd announced that it has issued 44,641,949 fully paid ordinary shares at an issue price of AUD 0.56 per share pursuant to the share purchase plan. The funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant. Full Article
Lynas Corp Ltd Announces Share Purchase Plan
Lynas Corp Ltd announced that the issue price for its AUD25 million share purchase plan (SPP). The issue price has been calculated to AUD0.56 per New Share. A discount of 2.5% to the volume weighted average price of Lynas Shares traded in the ordinary course on the Australian Securities Exchange during the 5 trading days being 10, 12, 13, 14 and 17 December 2012, rounded down to the nearest cent. as determined at the close of trading on December 17, 2012. Funds raised under the SPP will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant in Malaysia (LAMP). Full Article
Lynas Corp Ltd Completes Share Purchase Plan
Lynas Corp Ltd announced that it has completed the share purchase plan (SPP) that was announced on November 9, 2012. Under the SPP, Lynas offered eligible shareholders with registered addresses in Australia and New Zealand the opportunity to apply for up to AUD 15,000 worth of Lynas’ ordinary shares (subject to any scale-back), without incurring brokerage or other transaction costs. The full terms of the SPP were announced by Lynas on November 20, 2012, and the SPP offer period closed on December 4, 2012. Full Article
Morgan Stanley Investment Management Inc. Ceases To Be Substantial Holder In Lynas Corp Ltd
Lynas Corp Ltd announced that Morgan Stanley Investment Management Inc. has ceased to be a substantial holder in the Company as of November 13, 2012. Previously, Morgan Stanley Investment Management Inc. held 87,591,175 ordinary shares in the Company, which represents 5.10% of the voting power. Full Article
Morgan Stanley Investment Management Inc. Acquires Stake In Lynas Corp Ltd
Lynas Corp Ltd announced that Morgan Stanley Investment Management Inc. has acquired 87,591,175 ordinary shares in the Company, which represents 5.10% of the voting power. Full Article
Lynas Corp Ltd Issues New Ordinary Shares
Lynas Corp Ltd announced that it has issued 80,000,000 ordinary shares pursuant to placement at an issue price of AUD 0.75 per share. The funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant (LAMP). Full Article
Lynas Corp Ltd Announces Equity Raising
Lynas Corp Ltd announced that it will undertake an equity raising to deliver gross proceeds of up to approximately AUD 200 million (the Equity Raising). Funds raised will be used for working capital and general corporate purposes during commissioning and ramp-up at the Lynas Advanced Materials Plant. The Equity Raising comprises a fully underwritten institutional placement to raise up to approximately AUD 150 million (Institutional Placement) and a share purchase plan (SPP) to raise up to AUD 50 million. Full Article
Lynas Corp Ltd Announces Holding Interest Of Morgan Stanley Investment Management Inc.
Lynas Corp Ltd announced that Morgan Stanley Investment Management Inc. has an interest of 88,916,138 ordinary shares, which represents 5.18% of voting power in the Company. Full Article
CORRECTED-Shares in Australia's Lynas jump after Malaysian court win
(Corrects throughout to clarify that the dismissed appeal was brought by the Stop Lynas Coalition (SLC), not Save Malaysia Stop Lynas (SMSL). Removes quote from Lynas that SMSL has exhausted all avenues of appeal.)
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