Publicly listed agricultural property investment company, The Ark Fund, has announced a $55 million capital raising and an implementation agreement to effect its merger with private managed investment scheme player Rewards Group.
Boutique investment bank Azure Capital has been appointed corporate advisor to the proposed initial public offering of bauxite explorer Cape Alumina Pty Ltd, targeted for mid 2008.
Former Ernst & Young managing partner Michael Minosora will join Perth investment bank Azure Capital as managing director in a board reshuffle that will see existing MD Mark Barnaba join John Poynton as executive chairman.