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Proactive Investors China - The web's leading portal for China stocks - Kangaroo Island Plantation Timbers MD demonstrates confidence in company with on-market purchase


2021-05-26
by Proactive Australia
Kangaroo Island Plantation Timbers Ltd (ASX:KPT) managing director Keith Lamb has demonstrated his confidence in the company s strategy with the purchase of shares in an on-market transaction.
On May 24 Lamb acquired 5,000 shares at $1.15 per share in a direct interest, increasing the total number of securities held to 20,000 shares.
Reject takeover offer
The company s directors last week unanimously recommended that shareholders reject an on-market takeover offer from Samuel Terry Absolute Return Active Fund (STAM).
STAM already holds 26.26% of KPT and has offered to acquire all KPT shares at a price of $1.05 cash per share.
KPT chairman Paul McKenzie said the directors had recommended shareholders reject the offer for the following reasons: ....

Paul Mckenzie , Keith Lamb , Samuel Terry Absolute Return Active Fund , Kangaroo Island Plantation Timbers Ltd , Kangaroo Island Plantation Timbers , Island Plantation Timbers Ltd , பால் மகெந்ஸீ , கேய்ட் ஆட்டுக்குட்டி , கங்காரு தீவு தோட்டம் மரக்கன்றுகள் லிமிடெட் , கங்காரு தீவு தோட்டம் மரக்கன்றுகள் , தீவு தோட்டம் மரக்கன்றுகள் லிமிடெட் ,

Pine harvesting begins on Kangaroo Island as region recovers from last year's bushfires


Pine harvesting begins on Kangaroo Island as region recovers from last year s bushfires
ThuThursday 28
JanJanuary 2021 at 10:52pm
KIPT s director says the harvest has contracted due to bushfires, so it s more of a salvage operation.
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Contractors are stepping up timber harvesting on Kangaroo Island, despite the impact of last year s fires.
Key points:
Kangaroo Island Plantation Timbers has awarded a contract to harvest 200,000 tonnes of pine on the island
Much of KIPT s stock was burnt during Black Summer fires
The State Government is considering an application to build a port on Kangaroo Island to export the timber ....

Kangaroo Island , Mount Gambier , South Australia , Michael Pengilly , Island Plantation Timbers , Black Summer , State Government , Shauna Black , Kangaroo Island Plantation Timbers , Bush Fires , கங்காரு தீவு , ஏற்ற காம்பியர் , தெற்கு ஆஸ்திரேலியா , மைக்கேல் பெங்கிலி , தீவு தோட்டம் மரக்கன்றுகள் , கருப்பு கோடை , நிலை அரசு , ஷ்ௌுனா கருப்பு , கங்காரு தீவு தோட்டம் மரக்கன்றுகள் , புஷ் தீ ,

The forestry vision that turned into a nightmare


The forestry vision that turned into a nightmare
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When Nationals politician John Anderson released a policy called Plantations for Australia: The 2020 Vision back in 1997, he had no idea how nightmarish that vision would turn out to be.
Instead of creating thousands of hectares of environmentally friendly native forests and a thriving timber industry, one ASX-listed company has been left with a charred mess and no easy way of cleaning it up.
This is a story of some of the worst government decisions in recent history crashing into the extreme heat of the 2019-20 summer. The drama is set about 200 kilometres south-west of Adelaide on Kangaroo Island, a flat land mass 155 kilometres wide and one-third as long with above average rainfalls and mild summers. And it starts with the Keating goverment’s National Forest Policy Statement of 1992, which stated places like Kangaroo Island were great for growing timber. ....

Victor Harbour , South Australia , Timber Creek , Northern Territory , Kangaroo Island , New South Wales , Republic Of , Smith Bay , University Of Adelaide , Great Southern , Mclaren Vale , Lucy Battersby , Robert Hill , John Sergeant , Keith Lamb , Fred Woollard , Michael Pengilly , Brian Stewart , Sean Mcgowan , Environment Institute , Washingtonh Soul Pattinson , Commonwealth Bank , Australia State Planning Commission , Forestry Stewardship Council , Kangaroo Island Plantation Timber , South Korea ,