Perth-based off-road vehicle maker OKA is seeking public investment for the first time in at least 25 years, with a $500,000 raising to fund a growth strategy.
A domestic biofuels industry will help to shield Australian growers from a decline in demand for oilseeds from overseas fuel markets as they transition to electric vehicles.
A local farmer, the Clean Energy Finance Corporation and the founder of an Australian technology unicorn have chipped in $16 million to a new venture capital fund focussed on agrifood tech.
GrainCorp-backed Australian Grains Champion has written to Western Australian growers withdrawing a bid launched in February to corporatise and list cooperative grain handler CBH Group.
CBH Group is planning to launch a full review of its cooperative structure after formally rejecting a proposal from Australian Grains Champion to corporatise and list the business on the ASX.
Grower feedback has led the Australian Grains Champion to remove two clauses from its proposal to corporatise CBH Group, with the consortium continuing to criticize the CBH board's handling of the matter.
Sydney-based GrainCorp has emerged as a cornerstone investor in a bid to corporatise and list CBH Group, through a complex deal that would deliver up to $1 billion in cash plus share
