News Articles

Appointments 30 Apr 2024

Board Moves, April 30, 2024

Our board moves wrap includes Michelle Kruger, Francisco Bellon, Charles Mowrey, Greg Lee, Steven Michael, Chris van Wijk, Nhlanhla Nene, Shannon Coates

Appointments 31 Aug 2023

Board Moves August 31, 2023

Our board moves wrap includes Andrew Muir, Philip Re, Stephen Carter, Paul Rennie, James Brown, Colin Noid, Joan Dabon, Loren King, Michael Higginson, and Jonathan Lea.

Appointments 16 Sep 2022

Board Moves September 16, 2022

Our board moves wrap includes Jeffrey Broun, Amanda Buckingham, Robin Longley, Robert Cooper, Patrick Walta, Paul Burton, John Elkington, Elizabeth Henson, Neil Biddle, Martin Zhou, Jacky Chen, Loren King, Shannon Coates, and James Doyle.

Deals 14 Jan 2021

Vmoto scores $13m electric vehicle order

WA electric vehicle business Vmoto has secured its most significant order to date, with European company Greenmo Group.

Appointments 04 Nov 2020

Board Moves November 4, 2020

Our board moves wrap includes Michael Anderson, Brandon Munro, Phillip Campbell, and Blair Sergeant.

Deals 15 Jan 2018

Corporate finance deals Jan 8 to Jan 12 2018

On 12 January 2018, Valmec completed the issue of 22,522,083 fully paid ordinary shares in the capital of the Company (Option Shares) upon the exercise of 22,522,083 listed options (ASX:VMXO) with

Appointments 31 May 2017

Board Moves May 31, 2017

Dr Simon Buckingham will step down as non-executive director of Creso Pharma and take on a consulting role, assisting newly appointed chief operating officer David Russell with the development of c

Deals 12 Jun 2015

Vmoto raises $9m

Perth-based scooter manufacturer and retailer Vmoto has received firm commitments for an $8.9 million capital raising to fund its various investment initiatives.

Deals 22 Sep 2014

Vmoto buys Chinese vehicle tech firm

Electric and motor scooter manufacturer and distributor Vmoto says it will purchase Nanjing Haiyong Electronic Technology for an undisclosed amount, overwriting an earlier proposal to enter into a joint venture arrangement with the China-based tech firm in October last year.

Appointments 02 Jun 2014

Farrell leaves Vmoto

Electric and motor scooter manufacturer and distributer Vmoto has appointed its company secretary Shannon Coates to the board as an interim non-executive director, following the resignation of non-

23 Apr 2014

Vmoto stock up on Vietnam deal

Shares in Perth-based Vmoto have closed higher after the company announced it has inked a distribution deal for its electric scooters in Vietnam.

19 Nov 2013

Vmoto targets Indonesia in new deal

Perth-based Vmoto has signed an exclusive distribution agreement with Indonesian automobile company PT. Garansindo Technlogies to stock and market its electric scooters in the country.

Deals 02 Oct 2013

Vmoto looks to China with $5m raising

Scooter manufacturer Vmoto has boosted its funding with a $5 million capital raising as it eyes growth opportunities in China.

Retail 12 Nov 2012

Vmoto completes London listing

Scooter manufacturer and retailer Vmoto has been admitted to London's Alternative Investment Market after raising £1.6 million ($2.44 million) through a share placement.

07 Nov 2012

Vmoto stocks rise on German manufacturing deal

Scooter manufacturer and retailer Vmoto has signed an exclusive marketing and supply agreement with Germany-based electric vehicle company E-Tropolis that could be worth up to $24 million.

Deals 12 Oct 2012

Vmoto to raise $2.4m, list on AIM

Struggling scooter manufacturer and retailer Vmoto has launched a £1.56 million ($2.43 million) share placement, and plans to list on London's Alternative Investment Market.

08 Jul 2011

Vmoto attempts to placate dissidents

Troubled Perth-based scooter manufacturer and retailer Vmoto has provided another market update, amid growing pressure from shareholders to reveal more details surrounding key contracts, financial details and the status of its executive search.

26 May 2011

Vmoto hits back at dissident group

Struggling Perth-based scooter retailer Vmoto has told its shareholders that business is operating as usual and urged them to disregard a letter rallying stockholders against its board of directors.

10 May 2011

Vmoto extends finance facility

Struggling Perth-based scooter retailer Vmoto has received a $2.9 million increase in its operating finance facility with its local bank in Nanjing, China.

21 Jan 2011

Boardroom brawl revs up at Vmoto

Sparks are flying in the boardroom at Vmoto, with warring directors Russell Goodman and Trevor Beazley both subject to resolutions to remove them from the scooter retailer's board.

20 Jan 2011

Vmoto hits year-long low

Vmoto shares have hit a 52-week low after one of its significant shareholders reduced their exposure to the Perth-based scooter retailer, just days after former boss Russell Goodman threatened to sell his stake after being dumped as executive chairman.

09 Dec 2010

Vmoto raises $4.2m via placement

Scooter manufacturer Vmoto has raised $4.2 million via a placement at half the price of a capital raising announced in October after failing to secure a $5 million loan.

01 Dec 2010

Vmoto $5m funding deal falls through

Scooter manufacturer Vmoto is considering its options after a lender failed to make funds from a $5 million loan agreement available.

29 Nov 2010

Vmoto falls on forecast loss

Shares in scooter manufacturer Vmoto have dived 20 per cent today after the company announced on Friday it expected to record a $2.24 million loss for the first half of the 2011 financial year.

01 Apr 2010

Vmoto strikes new Aus distribution deal

Vmoto has struck a new Australian distribution deal of its scooters with Raymond Rooney's StuRay Investments, days after Automotive Holdings Group cancelled its distribution licence.

30 Mar 2010

AHG terminates Vmoto distribution deal

Automotive dealer Automotive Holdings Group says it will no longer distribute Vmoto branded scooters and related merchandise in Australia.

10 Dec 2009

Vmoto strikes $6m JV deal

Scooter manufacturer Vmoto plans to raise $6 million to help it establish a joint venture company with one of Europe's leading electric scooter makers.

Financial Services 05 Oct 2009

Vmoto in $1.5m Chinese facility buy-out

Scooter maker Vmoto has consolidated ownership of its Chinese manufacturing facility, buying out the remaining minority stake it did not own for $US1.3 million ($A1.5 million) and revealing plans for a $3.5 million capital raising.

Financial Services 01 Sep 2009

Vmoto reports growth despite $4m loss

Scooter manufacturer Vmoto has delivered its fourth successive year of revenue growth but has posted a $4 million loss for the 2009 financial year, largely attributable to the development of its new facility in China.

Financial Services 06 Aug 2009

Vmoto in $12m South Korea scooter deal

Vmoto has signed a $12 million deal to supply scooters to a South Korean dealer and has secured a $1.5 million facility with the Bank of China.

19 Jun 2009

Vmoto expands to Costa Rica

Vmoto is to enter the Americas market, achieving certification in Costa Rica for its all-wheel drive utility vehicle.

Mining 21 May 2009

Vmoto jumps on $30m scooter deal

Shares in Vmoto have soared after the company secured a $US23 million ($A30 million) deal to supply 30,000 scooters to Vietnam.

09 Apr 2009

Vmoto secures over $8m from the US

Vmoto has secured up to $8.4 million through United States institutional investors as it moves to start full scale scooter production at its Chinese manufacturing facility.

02 Mar 2009

Vmoto to review operations, extends loss

Vmoto says it will review its global operations in light of the current economic climate as it extends its first half loss to $1.7 million.

10 Sep 2008

Vmoto gears up for production

Perth-based Vmoto Ltd is targeting late October for in-house scooter production to start at its manufacturing plant in China, as stage one of the factory is completed on time and budget.

17 Jun 2008

Vmoto signs $6.1m deal

Perth-based scooter company Vmoto Ltd has signed a 12-month agreement with a major Vietnamese scooter group for an initial supply of 30,000 engines.

06 Jun 2008

$4.8m order for Vmoto

Less than a week after it acquired CSR Motorcycles Spain, Perth-based scooter company Vmoto Ltd has signed an agreement to supply 3000 scooters over a 12 month period to Spanish company, Gruppo Aupper.

Mining 23 Apr 2008

Vmoto develops China plan

Perth-based scooter company, Vmoto Limited, has announced that production and development of its Nanjing manufacturing plant in China is on schedule and within budget.

Government 14 Jan 2008

Vmoto China plant targets $100m annual revenue

Perth-based scooter manufacturing and distribution group Vmoto Ltd announced today an annual revenue target of over $100 million a year by 2011 with the Stage 1 of the company's China plant expected to be operationnal by mid year.

25 Sep 2007

Vmoto's own scooters roll off China assembly line

Perth-based scooter manufacturing and distribution group Vmoto Ltd has completed the first production run of scooters from its recently established scooter assembly facility in China.

News Articles for Vmoto

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