Corporate Stocktake - Profits Recorded Yesterday

Matrix seeks $140m in float of Asian arms. Matrix Telecommunications planned to raise $US100million ($A140million) in new equity from the float of its Asian paging businesses in Hong Kong, Matrix's chairman, Mr Gabby Lorentz, said yesterday. The equity would be reinvested by Matrix Asia, but M

Matrix Seeks $140m In Hong Kong

Matrix Telecommunications planned to raise $US100 million ($140 million)in new equity from the float of its Asian paging businesses in Hong Kong, Matrix's chairman, Mr Gabby Lorentz, said yesterday. The equity would be reinvested by Matrix Asia but Matrix itself would book a profit by sel