West Perth-based freight vehicle maintenance company Transerv Australia Ltd will raise $3.4 million through a non-renounceable rights issue to augment its working capital, the company has announced.
Balcatta based oil and gas company Sun Resources NL aims to raise just under $2 million through a pro-rata non-renounceable entitlement issue of 28.5 million shares at 7 cents each, issued on a basis of one share for every six held.
Perth-based APA Financial Services Ltd has signed a deal with Tricom Investment Management Ltd to introduce a new Separately Managed Account service, the company has announced.
West Perth-based Eastland Medical Systems Ltd has secured approval to commence the final stage of the single dose Phase 1 clinical testing of its new anti-malaria treatment in Malaysia.
A week after joining Standard & Poor's All Australian 200 index, East Perth-based Macmahon Holdings Ltd will join the S&P/ASX 200 after Multiplex Group is removed from its indices, following its takeover by Brookfield BidCo Pty Ltd.
Leederville-based gold explorer Golden West Resources Ltd has recommended its shareholders take no action on a takeover proposal by Osborne Park-based Fairstar Resources Ltd, saying the bid "materially undervalues" the company.
Australian wealth world's strongest; Briggs offload Westralian shares; Woolies blocked from buying Kmart; Bogolyubov reveals he will fund ConsMin takeover with spare cash; Investors demand overhaul of shareholder meeting voting system.
A proposal by the Federal Opposition to invest $9.8 million on infrastructure projects in the Peel-Kwinana corridor has won praise from Mandurah Mayor Paddi Creevey, despite her belief that the proposal doesn't go far enough.
Laurance Cellar's controversial Margaret River sculpture, dubbed the "chick on a stick", will live on after the State Administrative Tribunal ruled against the Shire of Busselton by approving the artwork today.
Perth-based tin and nickel miner Stonehenge Metals Ltd will acquire an 85 per cent stake in an Indonesian nickel project for a cash and scrip issue, the company has announced.
West Perth-based Uranium Equities Ltd has entered into a joint venture with Queensland-based Southern Uranium Ltd for the exploration of up to four tenements near the Mid-West town of Three Springs.
Wealth held by Australians in property, shares and other assets surged to record highs in the past quarter, according to figures released today by the Australian Bureau of Statistics and the Federal Treasury.
Perth-based oil and gas explorer Strike Oil Ltd has raised $6.1 million after closing its non-renounceable entitlements issue with 61 per cent, or 28.3 million, taken up.
ACCC fines Pratt record $38m; SA govt forces Santos to wait another year to remove takeover rules; Howard's $34b package could become a burden; Rudd eyeing Swanbourne Barracks land to ease housing pressures; Airlines to increase ticket prices.
The panic that unfolded on the Australian stock market 20 years ago this Saturday began early for some Perth stockbrokers and advisers, who are still in the game today and comprise an increasingly rare breed in the industry.
The booming share market has delivered strong profit growth for Perth’s major stockbroking firms, but a close analysis of their latest financial results reveals a wide variation in performance.
A diverse and highly skilled board can transform an organisation, yet finding the right board members can be a major challenge for many not-for-profits.
With office space on Perth’s city fringe in high demand, the Herdsman Business Park is experiencing a development boom with six office projects expected to come on-line next year.
The $303 million initial public offering by earthmoving company NRW Holdings Ltd has led Western Australia’s strong resources-driven growth in IPO activity for the September quarter.
Osborne Park-based Solbec Pharmaceuticals Ltd has had a small win, with the United States Food and Drug Administration allowing the use of its Coramsine cancer treatment under a Physician's Investigational New Drug application.
Perth-based NuPower Resources Ltd and South Perth's Northern Mining Ltd have entered into a joint venture for work on a uranium tenement belonging to Northern and situated in the Northern Territory.
Subiaco-based Natural Fuel Ltd has signed a letter of intent for a long-term offtake agreement with GEM BioFuels Plc for the supply of crude jatropha oil as a feedstock for its Singapore biodiesel facility.
UK-based industrial services company Cape plc looks set to complete its third WA-focused takeover in as many months after scaffolding and form-work supplier PCH Group Ltd accepted a sweetened $247 million offer.
Industry and Enterprise Minister Francis Logan has announced funding of $1.5 million to help establish the Centre of Excellence for Plant Metabolomics at the University of Western Australia.
Perth-based alternative energy company Eden Energy Ltd's Chicago-based subsidiary has sold a hydrogen generation unit to float glass manufactuer Pilkington North America and part of the NSG Group of Japan, the company has announced.
West Perth-based Precious Metals Australia Ltd plans to change its name to Windimurra Vanadium Ltd in a move to reflect the company's focus on its mid west project, whit it aims to bring into production next year.
Wembley Downs-based Tanvanth Singh Sandhu has been disqualified from managing corporations for three years by the Australian Securities and Investments Commission, bringing the total to 19 for the first quarter of the 2007-08 financial year.
Howard promises $34b tax cut; PBL defers planned denerger; AGL Energy slashes 2008 earnings outlook; Cape to sweeten $230m bid; Zinifex and Umicore to sell 70pct in Nyrstar.
Consolidated Minerals Ltd bidder Palmary Enterprises Ltd has taken rival bidder Pallinghurst Resources Australia Ltd to the Takeovers Panel in the latest twist in the long-running takeover battle.
