Seven West Media and Southern Cross Media have shaken hands on a merger under which Kerry Stokes would step down as chairman of the board by early next year.
iiNet's story is one of a plucky Perth startup that became a leading Australian telco, but its legacy email addresses are on the nose at a leading accounting firm, which is banning them, along with those of Westnet.
Perth-based Healthengine has dipped further into the red, with its annual report revealing an operational restructure as well as a significant board overhaul over the past year.
Our board moves wrap includes Deepankar Panigrahi, Alexander Cook, Bahay Ozcakmak, Penelope Creswell, Patrick Power, Terry Sweet, Michael Malone, and Richard Dammery.
West Perth company DUG Technology (formerly DownUnder GeoSolutions) has recruited company directors Michael Malone and Mark Puzey to its board as it moves closer to a stockmarket listing.
West Perth-based Sky and Space Global has revised its previously announced plans for a $15 million capital raising, with the funds to be raised through a placement and rights issue at 0.5 cents per share.
Perth-based Diamond Cyber Security and Asterisk Information Security will be two of at least 12 Australian cyber security firms bought out by BGH Capital and merged into a new entity to compete with the larger US-based vendors.
Plans by private equity group Siris Capital to acquire ASX-listed Dreamscape Networks have won strong backing at shareholder meetings held in Perth today. The big winners include managing director Mark Evans.
Our daily board moves wrap includes Alistair McCall, Stefan Murphy, Greg Hall, Carol New, Neil Porter, Adrian Byass, Andrew Allan, Michael Malone, Di Fulton, Gerard Dyson, Peter Holton, and Gary Pennefather.
Michael Malone-chaired Sky and Space Global has received binding commitments to raise $12 million via a share placement, with a further $3 million to be raised through a priority offer.
The number of Perth-based technology companies pursuing a listing on the ASX this year has hit 10, with Dreamscape Networks due to list in coming days after raising $25 million and Secure2Go kicking off its capital raising this week.
The chairman and co-chief executive of a Melbourne-based toy company has become the first Australian to be selected as global winner of EY's Entrepreneur of the Year award.
A unique Western Australian project aimed at challenging the perception that philanthropy is the preserve of a wealthy elite has facilitated its first major donation.
The corporate watchdog is considering an update to its disclosure policy for prospectuses, one week after uncertainty over the policy contributed to the collapse of a high-profile backdoor listing deal.
A planned backdoor listing by technology company Yatango, which was backed by top-shelf advisers and boasted iiNet founder Michael Malone as one of its directors, has fallen through after being hit by tough market conditions and a run-in with the corporate regulator.
A local consumer services technology company currently in the middle of a backdoor listing has welcomed former iiNet chief executive Michael Malone to its board as a director.
Shares in internet market target iiNet surged again today to a new intra-day high before closing at around $10 each in line with yesterday's formal bid from M2 Group.
The Princess Margaret Hospital Foundation has officially launched its Emerging Leaders in Philanthropy program, with some of the state's highest-profile business leaders joining 14 young professionals in a team-based fundraising challenge.
Founder and minority shareholder of iiNet, Michael Malone, has emerged as another critic of the $1.4 billion agreed takeover of his former company, as chairman Michael Smith sought to defend the deal with rival TPG Telecom.
Some of the biggest names in WA business will help nurture the next wave of philanthropists in the state as part of an innovative program to raise money for the children's hospital.
The success of Perth technology company Track'em has attracted plenty of interest from investors, but founder Kashif Saleem says he hasn't ruled out taking the business public.
Two Melbourne-based foreign exchange brokerage founders have been named the Ernst & Young 2014 Australian Entrepreneurs of the Year, with Aurora Oil and Gas founder Jonathan Stewart also being named one of six category winners.
Michael Malone has warned that bureaucracy within iiNet could ‘choke' the company because it's stifling the internet service provider's ability to remain innovative.
