News Articles for Azure Capital

A surge in the number of backdoor listings was one of the few positives on the stock market in 2014, and two new deals for technology companies show there is more to come.

We've analysed 450 WA takeovers and capital raisings worth $18 billion to rank the top advisers, brokers and lawyers.

The growing uptake of preventative medicine has prompted Azure Capital co-founder John Poynton to re-enter the healthcare market.

Engine technology developer Orbital Corporation plans to raise $10 million via a convertible note issue to fund its acquisition of electrical product manufacturer REMSAFE.

Nickel miner Panoramic Resources has joined the list of Western Australian companies returning cash to investors through share buy-backs.

The weak iron ore price has cast a shadow over the state government's asset sales agenda and raised concerns the commodity's slump will affect the sale price for the Kwinana Bulk Terminal and the Utah Point port.

It has been a tough quarter for dealmakers as commodity and share prices slump but some players see promise in the market shake-out. This Special Report includes a fully updated database with 146 deals for the quarter and an updated stockbrokers list.

Investment banking group Azure Capital has added to the state's small funds management sector by offering an Asian-focused hedge fund run by an experienced operator drawn to Perth for family reasons.

Perth Internet provider iiNet has acquired a 60 per cent stake in New South Wales-based technology firm Tech2 Group for an undisclosed amount.

The uncertain outlook for the state's power sector has triggered the departure of Tesla Holdings founding managing director Ben Tan.

Brookfield Infrastructure has joined Azure Capital as a major shareholder in emergent Perth water utility Water West.

Accounting giant KPMG has bought mining-focused management consultancy firm Momentum Partners in a transaction estimated to be worth about $5 million, adding to the flurry of recent professional se

FEATURE: The June quarter presented a broad range of transactions for corporate players, however a noticeable lack of direction remains.

Western Australia's gold producers continue to suffer at the hands of a strengthening Australian dollar, with more job losses revealed across the sector last week.

Perth-based companies Prime Minerals and White Eagle Resources plan to transform themselves by acquiring technology-focused businesses.

SPECIAL REPORT: Politicians with the ability to cut through on-message are a valuable commodity, and WA has one of the best.

Perth-based biotech firm Orthocell has confirmed it intends to list on the ASX after outlining plans for an $8 million initial public offering.

Biotech player Orthocell has appointed two financial advisory firms to seek out investors as part of the company's plans to go public.

A range of sophisticated and institutional investors have been named as some of the major shareholders in financial services firm Pioneer Credit following its $40.2 million IPO.

Perth-based financial services group Pioneer Credit has outlined plans for a $40.2 million IPO, the largest by a Perth company in 20 months.

Resonance Health intends to raise up to $5.1 million with a placement and entitlement offer, pitched at 5 cents per share.

SPECIAL REPORT: The gold and technology sectors have experienced a boost in investment activity for the March quarter, but doubts remain over whether it will last.

Perth-based financial services group Pioneer Credit is looking to raise more than $40 million with the sale of just over half the company through an IPO which will provide capital for the group to expand its debt purchasing.

Shares in West Perth-based junior Horseshoe Metals have soared after the company outlined plans to raise $2 million through a placement and rights issue in a deal with investor Michael Fotios.

Former trucking boss Craig Mitchell has enlisted the help of prominent company directors and advisory firm Azure Capital to build a fast-growing network of quality service roadhouses across Western Australia.

Junior resources companies are enjoying a renewed interest for capital raisings as investors return cautiously to equity markets after a dry 2013.

Prominent Perth company director Tracey Horton is among a group of business leaders appointed to a new federal Treasury advisory council designed to replicate the discipline provided by a private sector governance board.

Wolf Minerals has arranged final funding for construction of its Hemerdon tungsten and tin project in England after agreeing to a discounted share placement.

Michael Fotios, who made a fortune backing gold miner Northern Star Resources, is heading back to the stockmarket to tap into what he calls “a marked increase in investor interest over the last 3 months”.

Autism West is aiming to raise $130,000 at its 2014 iiNet Team Sprint Cup later this month.

Atlantic managing director and chairman Michael Minosora has resigned from the company after a horror year for the vanadium and iron ore producer.

Azure Capital's return to management consulting is an exercise in post-boom diversification.

Former federal treasurer Peter Costello has been named chairman of the Future Fund, while Perth business leader John Poynton has been appointed as a member of the board.

A fresh round of musical chairs has started at the top end of the local management consulting sector, with Robert Radley quitting global player Bain & Company's Perth business to lead a new practice being established by Azure Capital.

SPECIAL REPORT: The past 12 months have been tough for WA's corporate finance professionals, but there is cautious optimism that 2014 will be a different story.

SPECIAL REPORT: The biotech sector came to life in 2013 but pricing was critical to the success or failure of capital raisings.

Perth-based Legend Mining has entered an agreement for the $17.5 million sale of its 90 per cent share in the Ngovayang iron ore project, in the Republic of Cameroon to Indian company Jindal Steel and Power.

A plan for a small bar in Claremont devised by John Poynton, Adrian Fini and The Wine Store's Robert Bates-Smith has hit a hurdle with local councillors rejecting the initial plan.

Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.

Choosing healthier food choices and finding the time to exercise can have significant effects on workplace productivity, as two Perth business executives discovered.