News Articles for MA Financial Group

Perth's office market is showing signs of strengthening.

Centuria Capital is the confirmed buyer for the office tower, in a joint venture with MA Financial Group.

Harvest Technology Group is looking to raise $11.1 million to boost working capital, with commitments to the tune of $3 million already received from major shareholders.

DDH1 Drilling has launched a friendly takeover of counterpart Swick Mining Services, sending the target's shares up by more than 20 per cent.

Perth-based contractor Decmil has disclosed it will make a provision of between $50 million and $60 million to cover money that is unpaid under its terminated contract with New Zealand's corrections department, resulting in a loss for the half-year to December 2019.

Primewest is spinning out five of its office assets in Perth and Brisbane into a new publicly listed fund, with the new trust's portfolio valued at around $285 million.

Investors across Australia have backed Primewest's ambitions to expand its offering via an ASX listing, with the company confirming it has raised its targeted $100 million.

Western Australia's three largest dairy producers are now under foreign ownership, after Brownes was sold to a consortium of investors that includes Chinese dairy operator Shanghai Ground Food.

Local tech company Nuheara has tapped investors for $9 million to fund ongoing development and enhancement of its IQbuds wireless headphones.

Specialist materials technology company Alexium International Group has raised $6 million from investors to fund ongoing development of its flame retardant products.

Sandalwood producer TFS Corporation has confirmed a $65 million capital raising to buy-out plantations owned by managed investment schemes.

Metals X has once again stepped up its pursuit of Aditya Birla Minerals, announcing today that its off-market $68 million takeover offer is now unconditional, with a quarter of Aditya shareholders already accepting the offer.

Transport and logistics business McAleese Group has flagged an impairment of up to $55 million in its half-year accounts, while remaining quiet on speculation of a recapitalisation plan.

Perth technology company Hazer Group wrapped up its first day of trading on the ASX, after completing a $5 million initial public offering.

Metals X's $82 million takeover offer for embattled copper miner Aditya Birla Minerals won't succeed after the target's largest shareholder said it wouldn't be accepting the offer.

Perth company Metals X has made a surprise takeover offer for embattled copper miner Aditya Birla Minerals, in a bid which values the target at about $86 million.

Local aquaculture firm Seafarms Group has announced plans to raise up to $16.6 million, with major shareholders Ian Trahar and Paul Favretto committing to a large portion of the raising.