SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 8bits who wrote (6190)5/9/2006 10:14:46 AM
From: Moominoid  Respond to of 219174
 
NZT has a massive dividend. Depends if you think it will go down more or not.



To: 8bits who wrote (6190)5/11/2006 4:00:33 PM
From: elmatador  Respond to of 219174
 
Telstra? Think Brazil's Telemar. plans 3 billion reais ($1.4 billion) in dividends in 2006 and 2007 after merging all its units.

Plans 3 Bln Reais in Dividends in 2006, 2007
May 11 (Bloomberg) -- Telemar Participacoes SA, which control's Brazil's biggest telephone company, plans 3 billion reais ($1.4 billion) in dividends in 2006 and 2007 after merging all its units.

The Rio de Janeiro-based Telemar plans dividend distributions twice a year, the company said in an e-mail statement. The first portion of this year's dividend will be paid after the completion of its restructuring plan while the second part will come in 2007, when its financial statement for 2006 is approved, the company said.

Telemar Participacoes' board announced Luiz Eduardo Falco will become the chief executive office of the Telemar group starting July 1, 2006.



To: 8bits who wrote (6190)5/11/2006 4:01:28 PM
From: elmatador  Respond to of 219174
 
Brazil's Telemar files with U.S. SEC for IPO offering of up to 997.5 million common shares.

Brazil's Telemar files with U.S. SEC for IPO

Thu May 11, 2006 7:22 AM ET
Printer Friendly | Email Article | Reprints | RSS

WASHINGTON, May 11 (Reuters) - Brazilian communications services provider Telemar Holding Co. filed with U.S. regulators on Thursday for an initial public offering of up to 997.5 million common shares.

The company said in a registration statement with the U.S. Securities and Exchange Commission that the offering is part of a proposed corporate restructuring in which Tele Norte Leste Participacoes SA shareholders would exchange their shares for Telemar's newly issued common shares.

TNL would become a wholly owned subsidiary of Telemar.

Telemar's stockholders would sell all the common shares in the global offering, and set the range of the minimum price per share at $1.31 to $1.45 each.

Common shares are being sold in Brazil and outside Brazil as American depositary shares.

Each ADS represents two common shares, Telemar said in the SEC filing.

Telemar has applied to list the common shares on the Novo Mercado under the symbol "OIOI3" and on the New York Stock Exchange under the symbol "KOI" (KOI.N: Quote, Profile, Research).

UBS Investment, Morgan Stanley and Pactual are underwriting the offering.