News Articles

14 Oct 2009

CMA raises $25m for future growth

CMA Corporation has raised $25 million through a share purchase plan (SPP) and a placement to institutional investors which the metal recycling group will use for working capital and to support the continued growth of its operations.

Financial Services 29 Apr 2009

CMA Corp starts US trade with ADRs

Metal recycling group CMA Corporation says it will have improved access to world investment markets as its shares start trading in the United States as American Depository Receipts.

Financial Services 20 Feb 2009

CMA Corp reports $36.5m half-year loss

Recycling group CMA Corporation today announced a $36.5 million operating loss for the half year, in line with guidance provided late last year.

Financial Services 13 Feb 2009

German firm invests $49m in CMA Corp

A German-based company will invest a further $49 million in waste recycling company CMA Corporation through a private placement, with shares priced at a generous premium.

Financial Services 05 Nov 2008

German firm sinks $11m into CMA Corp

A German-based company has agreed to invest over $11 million in metal recycling group CMA Corporation and provide expansion opportunities.

Financial Services 26 Feb 2008

CMA Corp reports higher profit, revenue

Integrated recycling group, CMA Corporation Ltd, has announced a $7.4 million net profit for the half year, a 159 per cent increase on the 2006 interim result.

15 Jan 2008

CMA managing director Peter Hatfull to retire

Metals recycling company CMA Corporation has announced that its Perth-based managing director Peter Hatfull plans to retire, to be replaced by Melbourne-based Doug Rowe.

Financial Services 19 Nov 2007

CMA acquires US scrap metal recycling plant for $7.7m

Scrap metal group CMA Corporation Ltd will acquire the Chicago-based Meretec Steel Recycling Plant from metals recycler Meretec Corporation in a scrip deal worth around $7.7 million, the company has announced.

Financial Services 25 Oct 2007

Transpacific to buy 15% of CMA Corp after placement

Waste management company Transpacific Industries Ltd has agreed to acquire a 15 per cent shareholding in metals recycling company CMA Corporation Ltd, which has extensve Western Australian operations, for around $25 million.

16 Aug 2007

CMA boosts net profit by 284%

Scrap metal group CMA Corporation Ltd has boosted its net profit for the 2006-07 financial year by 284 per cent, making $6.5 million after acquiring four businesses during the period.

16 Apr 2007

CMA to acquire Queensland's Mann Metals

Scrap metal recycler CMA Corporation Ltd will acquire Queensland-based metals trading group Mann Metals Pty Ltd through a cash and scrip deal, the company announced today.

02 Feb 2007

CMA posts $2.8m net profit for first half

Scrap metal recycler CMA Corporation Ltd posted a net profit after tax of $2.8 million for the half year to December 31, up from a net profit of 270,000 during the previous corresponding period.

28 Sep 2006

Port Hedland's J&M Metals and Qld firm acquired by CMA Corp

Perth-based scrap metal group CMA Corporation Ltd today announced an expansion of its metal processing and contracting capability with business acquisitions in Queensland and Western Australia.

31 Aug 2006

CMA posts $1.7m profit in first year's trade

Perth-based scrap-metal group CMA Corporation Ltd has reported a net profit of $1.7 million for 2005-06, in line with its revised guidance range of $1 million and $2 million.

22 Nov 2005

Hatfull joins CMA

Diversified scrap metal group CMA Corporation has made a number of personnel changes within its senior management structure.

18 Nov 2005

Hatfull takes on exec role at CMA

In a shake up of newly listed scrap metal recycler CMA Corporation, Peter Hatfull has become managing director, vacating the chairman's role for Alan Good.

08 Nov 2005

CMA to buy NSW scrap metal group

SCRAP metal and contracting group CMA Corporation has announced the acquisition of New South Wales scrap metal processing and recycling business, Riverside Metal Industries.

28 Jun 2005

CMA to raise $9m

CMA Corporation has launched an IPO offer of 22.5 million shares at 40 cents a share, in order to raise $9 million.

News Articles for CMA Corporation

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