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