A UK-based institution has signed an agreement with TFS Corporation to invest in 208 hectares of new Indian sandalwood plantations in the Northern Territory, for an undisclosed sum.
Nedlands-based TFS Corporation has altered the accounting treatment of four managed investment schemes after its auditor proposed changes to align with new guidelines introduced in 2014.
Sandalwood producer TFS Corporation entered a trading halt this morning, just before the scheduled release of its annual results, saying it was in discussions with its newly-appointed auditor.
Perth-based Indian sandalwood company TFS Corporation has completed its purchase of US-based pharmaceutical companies Viroxis Corporation and Santalis Pharmaceuticals.
Nedlands-based TFS Corporation says a $24 million investment from a new Hong Kong institutional investor in its Beyond Carbon sandalwood plantation product has settled.
Nedlands-based TFS Corporation has achieved a record full-year profit of $82.5 million, up 48 per cent on the back of increased plantation asset ownership.
Nedlands-based TFS Corporation has announced the purchase of an established Indian sandalwood plantation, with the purchase expected to boost its net profit as a result of a revaluation of the trees.
Mineral Resources director Chris Ellison and TFS Corporation director Stephen Atkinson have sold shares in their respective companies worth a combined $28.2 million.
Sandalwood producer TFS Corporation has been hit with a second strike but has survived a board spill after more than a quarter of its shareholders voted against adopting the company's remuneration report for the second consecutive year.
Patrick O'Connor has taken over as chairman of TFS Corporation from chief executive Frank Wilson, who has held the role since former chairman Richard Alston left last September for unexplained reas
Sandalwood producer TFS Corporation has announced a record net profit after tax of $55.7 million for the year ended June 30 and appointed a new chairman.
Seven outstanding Western Australian business and community leaders will go on to represent the state in the 2013 EY Entrepreneur of the Year awards after being announced ascategory winners for the
Business people crowned with the entrepreneur title unsurprisingly hold great passion for their objective and jump headlong into the challenge of making it happen - paying little regard for the end
PYTHONESQUE humour might have had the managed investment scheme sector crying out “I'm not dead, yet”, but there really is life in the industry despite the dramatic and near-terminal events of 2009.
WHEN Celebrate WA announced Western Australia's Citizen of Year awards for 2009 two weekends ago the presence of the University of Western Australia would not have escaped the attention of many.
Perth-based grower of Indian Sandalwood, TFS Corporation Ltd has announced an anticipated 15 per cent increase in forest area available for sale in the 2006-07 financial year, along with the purchase of a farm for $18.5 million.
Tropical Forestry Services Ltd has developed the first ever water recycling project as part of the Ord River Irrigation Area at Kununurra in the east Kimberley region of Western Australia.
