THL profit down; restructuring continues

THL profit down; restructuring continues

Tourism Holdings Ltd has slipped into a $500,000 half-year loss as it perseveres with its long-running restructuring programme and yesterday downgraded its full-year after-tax profit expectations.

THL director voted off on technicality

THL director voted off on technicality

Tourism Holdings director John Bongard was voted off the board at the annual meeting this week when a technicality saw 28% of the company's ordinary votes declared invalid and not counted.

THL sees rental drop-off post-RWC

Vehicle-rental bookings for Tourism Holdings are dropping off towards the end of the Rugby World Cup, suggesting fans are not staying on after the tournament.

Tourism Holdings directors not keen on offer

Tourism Holdings Ltd directors will talk to Ballylinch to see if the company will increase its takeover offer, THL chairman Keith Smith says.

Ballylinch's takeover offer opportunistic, broker says

A $32.4 million takeover offer for Tourism Holdings has been criticised as too low, as New Zealand-based investment company Ballylinch seeks to take its stake from 19.1% to beyond 50%.

Tourism Holdings appoints advisers

Tourism Holdings Ltd, at present under a $32.3 million takeover bid, has appointed an independent advisory company to consider the offer.

THL shares spike as Ballylinch seeks 60%

A $32.3 million takeover offer to gain a controlling stake in campervan rental company Tourism Holdings Ltd prompted a more than 16% share spike yesterday.

Positive signs ahead for Tourism Holdings

Debt reduction and a dividend repayment from listed Tourism Holdings reflect positive signs for the year ahead, albeit still in challenging times for the tourism sector.

Syndicate content