Perth's business community was shocked today to learn of the sudden passing of Graham Griffiths, who was chairman of five technology companies and had been a mentor to many people in the tech sector.
Mel Ashton has retired as director and chair of Empired. Current director Richard Bevan will become chair, and Thomas Stianos has been appointed as director.
Two very different Perth companies, tech start-up Pointerra and precast concrete manufacturer WestStar Industrial, have begun trading on the ASX today after completing their respective reverse takeovers.
A soon-to-be listed tech company led by local entrepreneur Rob Newman and company director Ian Olson has lodged its prospectus for a $5 million capital raising, as it proceeds with its reverse takeover of Soil Sub Technologies.
Tech entrepreneur Rob Newman and company director Ian Olson are leading the latest backdoor listing on the ASX, with their spatial data service Pointerra to join the exchange through a reverse takeover of Soil Sub Technologies.
Shares in Range Resources have been suspended from quotation after two directors resigned from its board, pushing it below the level required under corporate law.
Pacific Energy managing director Adam Boyd has exercised 2 million options to acquire shares in the company at a cost of 45 cents each and sold the same amount of shares on-market for 48 cents each
Big corporate collapses such as Sons of Gwalia, EG Green Group, Henry Walker Eltin and most recently Westpoint Corporation have provided plenty of work for insolvency lawyers, but a much smaller deal has been hailed as the best restructuring of 2005.
THE founders of Gage Roads Brewing Co expect to produce their first batch of beer by September this year following the recent completion of a $2.5 million capital raising.