April 3 (BusinessDesk) – An Australian consultant who gave scathing evidence against former directors, owners and advisers of failed Feltex Carpets also praised its progress in a series of articles in ...

Lawyers for directors in the Feltex Carpets shareholder lawsuit have argued their clients went through a rigorous process of due diligence in preparing the prospectus for the failed company's 2004 ...

An Australian consultant who gave scathing evidence against former directors, owners and advisers of failed Feltex Carpets also praised its progress in a series of articles in his engineering magazine ...

The financial collapse of Feltex comes two years after the company floated and listed on the New Zealand stock exchange at a high of $NZ1.70 before plummeting to 3c ...

Add articles to your saved list and come back to them any time. Feltex Carpets said that Godfrey Hirst had withdrawn its rescue takeover offer for the carpet maker although the Australian company was ...

Add articles to your saved list and come back to them any time. GEELONG carpet maker Godfrey Hirst has acquired the assets and operations of Feltex Carpets for a price close to $120 million. But ...

Don't miss out on the headlines from Business Breaking News. Followed categories will be added to My News. Eric Houghton is suing the former Feltex directors, owners and sale managers in a ...

Add articles to your saved list and come back to them any time. FELTEX Carpets has been plunged into receivership by ANZ Bank after Feltex directors failed to drum up an acceptable offer from ...

The transaction will propel Godfrey Hirst group to become the dominant carpet manufacturer in Australasia, with almost 60 per cent market share. Receiver Colin Nicol of McGrathNicol & Partners said it ...

Feltex Carpets was touted as having excellent investment features when the carpet-maker was taken public in 2004 but its prospectus failed to disclose risks that contributed to its collapse just two ...

FELTEX'S prospectus painted a "rosy picture' but within a year of its share sale the shares were virtually worthless, the NZ High Court is told. Eric Houghton is suing the former Feltex directors, ...