Cambium Global Timberland to sell timber to Brazilian paper company

7th Nov 2016 08:06

(ShareCast News) - Cambium Global Timberland has agreed to sell all of the standing timber on its property in Tocantins state to Suzano Papel e Celulose, a Brazilian pulp and paper company. This sale is part of planned realisation of all the AIM-listed company's assets. The deal to sell the timber

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Cambium Global Timberland announces latest property sale

14th May 2014 12:14

As part of the planned disposal of its assets, Cambium Global Timberland has signed contracts for the sale of its 8,065 acre property in Stewart County in Georgia. The sale is being made for cash consideration of $9.1m. The proceeds will be used in discharging associated indebtedness of some $6.2m,

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Cambium Global Timberland to sell Georgia Property for $8.6m

24th Apr 2014 12:39

Jersey-based investment group Cambium Global Timberland announced it has sold the company's Clinch County property, in the US state of Georgia, for a total of 8.6m dollars. The net proceeds will be deployed to shrink the group's debt linked to the holding, as well as that relating to the Company's

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Wednesday tips round-up: Home Retail, Cambium, Amlin

6th Apr 2011 06:33

Home Retail was back in the spotlight yesterday after it emerged that a US private equity investor had bought a 4.25% stake in the owner of Argos and Homebase. But with consumer spending likely to be in the doldrums for the rest of this year, the Independent thinks a bid is unlikely and Home Retail

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Netcall non-exec sells up

29th Mar 2011 16:36

Mark Brooks, who was appointed to the Netcall board following the acquisition of Telephonetics, has sold all his shares in the AIM-quoted telecoms call-back and speech recognition software provider. Brooks had been a director of Telephonetics since March 2008 and joined the Netcall board in July 20

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Sector movers: Media pushed higher by guidance-beating updates

19th Jan 2011 16:01

Media is one of the top performing sectors today led by market research and consulting group Cello and publishing giant Pearson, who both provided positive updates that said results will beat guidance. Cello said it expects full year pre-tax profit to be ahead of expectations after a strong second

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Small caps round-up: Henderson Smaller Cos, Forte Energy, Vane Minerals...

19th Jan 2011 11:01

Small cap-focused trust Henderson Smaller Companies achieved a total return of 22.1% for the half-year to 30 November, putting the benchmark index - up 12.7% - in the shade. The trust, which increased total pre-tax profit from £37.9m to £42.6m, said it expects the markets to remain "choppy", but t

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