The takeover saga surrounding Midwest Corporation Ltd has taken another turn today as Chinese bidder Sinosteel seeks orders from the Takeovers Panel to prevent Murchison Metals Ltd and US company Harbinger capital from acquiring any more shares.
Subiaco-based Brockman Resources Ltd is targeting first ore production in late 2009 as it embarks on a hefty capital raising to accelerate development of its flagship Marillana iron ore project.
Visiting WA: Dr Martin Selligman, the founder of the ‘positive psychology phenomenon' is to present a half-day program on creating personal and professional wellbeing through positive work cultures o
Picking over the carcasses of failed companies and seeking to bring them back to life is something of a specialty in the Western Australian corporate scene, where the appetite for risk and a ready supply of listed shells have spawned a unique industry.
The market may be tired of hearing about Andrew Forrest's ever-growing paper fortune, but the continuing rise of Fortescue Metals Group Ltd is astounding.
Three months after it last revised its Capital Square project, developer Saville Australia is in discussions with four ASX-listed property investors with a view to selling the site.
Gage Roads Brewing Company co-founder Peter Nolin has embarked on a radical career change to take over from John Longley as CEO of the Fremantle Chamber of Commerce.
LIONS Eye Institute founder Ian Constable and Wesfarmers managing director Richard Goyder were among the winners at the 36th Annual Western Australian Citizen of the Year Awards, announced last weeken
Just a year ago, property owners with commercial office stock in Perth were basking in a sellers' market, as investors clambered to take advantage of strong capital growth and rising rents.
Finding a corporate team-building activity that resonates with everyone is no mean feat, with the number of workshops on offer seemingly as eclectic as the various personalities in the office.
Subiaco-based Capital Intelligence Ltd plans to raise $2 million through a share placement, with funds to be used for working capital and expansion strategies.
Neptune Marine Services Ltd has downgraded its net profit after tax expectations to between $10 and $12 million before non-cash adjustments, for the year ended June 30, 2008.
The state government will increase funding to the private sector for apprenticeship training to $57 million, on top of the existing $20 million already available to private providers of traineeships.
Action on corporate collapses; Bankwest says it's safe despite sale rumours; Brierty sticks with same line as exchange steps up pressure; Metcash profit leaps but warns on volatility; Suncorp takes a $15m punt on WA's sunshine
Exploration company TNG Ltd disclosed today that it faces a $2.1 million claim from the Commonwealth of Australia over a 10-year old dispute involving Kanowna Lights NL.
Vmoto has raised $7 million through a share placement, with funds to be used to complete the acquisition of CSR Motorcycles in Spain, as well as to finalise payment for Stage 1 of its manufacturing facility in Nanjing, China.
Herald Resources Ltd Directors have supported a revised $2.60 to $2.65 cash offer from Tango Mining Pte Ltd, which values the company at almost $524 million.
Grains producers are in a strong position to expand production and boost productivity because of recent capital investments in land, plant and machinery, according to a new ABARE report.
Joe Gutnick's sister Pnina Feldman looks to be setting herself for a second ASX listing this year, with her company Australian Gemstone House Ltd lodging notice of a prospectus to raise $30 million.
Private equity manager, Ironbridge Capital, has acquired three specialist drilling businesses valued at $200 million that operate in the high growth mining and infrastructure services sectors.
Midwest Corporation Ltd has told shareholders their response to competing takeover proposals from Murchison Metals Ltd and Sintosteel will depend on whether they have a short-term or long-term investment horizon.
Platinum Australia Ltd have raised $31.8 million through a private placement to acquire an additional 10.75 per cent stake in its Smokey Hills platinum project.
Nedlands based Portman Ltd has again denied speculation it will bid to takeover Golden West Resources Ltd, despite applying for approval to increase its interest in Golden West from 14.9 to 19.9 per cent.
