Straits Resources Ltd non executive director Richard Ong Chui Chat has decreased his direct interest in the company through the on market sale of 1 million shares realising $6.5 million.
Nedlands-based ISS Group Ltd has signed a purchase agreement and subsequent four year maintenance and support contract with BHP Billiton Nickel West for the BabelFish suite of products.
The controversial High Court decision in Sons of Gwalia v Margaretic in 2007 should be overturned on the grounds that it will deal a harmful blow to Australian businesses and investment, according to a survey of corporate Australia.
Indonesian mining company PT Bumi Resources Tbk has announced plans to make a $455 million cash takeover offer for West Perth-based Herald Resources Ltd, which is seeking to develop a zinc/lead project in Sumatra.
Subiaco-based manganese explorer Spitfire Resources Ltd has made a steady debut on the Australian Securities Exchange after completing its successful $6 million initial public offer.
LogiCamms Ltd has made a stellar debut on the Australian Securities Exchange today, with shares trading as high as $2 or double their issue price upon opening.
HBOS subsidiary BankWest will launch a financial planning arm in March next year with plans to recruit more than 100 financial advisers over the next three years.
West Perth-based Liquefied Natural Gas Ltd has raised $11.4 million, partly through the sale of a 10 per cent stake in its issued capital to Arrow Energy Ltd.
West Perth-based gold miner Troy Resources NL has lodged a preliminary prospectus in Canada ahead of its intended listing on the Toronto Stock Exchange.
Housing loan activity in Western Australia was the weakest in the nation in October, falling 3.2 per cent, with new data released today showing rising interest rates are taking their toll on home loan borrowers.
Andrew Forrest's Fortescue Metals Group Ltd is in discussion with Clive Palmer's Mineralogy Pty Ltd about the potential of blending low-grade iron ore to supply the Chinese market.
Equinox Minerals Limited shares surged more than 10 per cent during trade today, following the announcement that Canadian investor First Quantum Minerals Ltd had acquired a 17 per cent stake in the company.
Shares in Brierty Ltd have debuted at a 75 per cent premium to its $1 issue price as it revealed it was in exclusive negotiations to buy WA civil contractor Wormall Pty Ltd for between $55 million and $60 million.
Chinese steelmaker Sinosteel is proposing a cash takeover offer for iron ore miner Midwest Corporation Ltd that values the target at $5.60 per share, well above Murchison Metals Ltd's floundering scrip offer.
Bentley-based alternative waste technology company AnaeCo has reduced the minimum subscription level of its initial public offer from $5 million to $3 million, and extended the offer closing date to January 11.
Perth-based Capitol Health Ltd has emerged as Melbourne's third largest private radiology clinic owner following the addition of the established Bell Imaging and South East Medical Imaging groups to its Victorian portfolio.
Major printing franchise Worldwide Online Printing has diversified its operations by acquiring professional writing firm Wordplay Media for an undisclosed sum.
West Perth-based resource investment and exploration company Artemis Resources Ltd has raised $4 million to grow its diversified portfolio of prospects in Western Australia and Africa.
Shares in takeover target Midwest Corporation Ltd rocketed 12 per cent higher today after the company disclosed that it was in discussions with "parties interested in pursuing corporate transactions".
Australian stockbroker Patersons Securities Ltd is launching a significant expansion of its national network with the opening of an office in Brisbane.
Western Metals Ltd has struck an agreement with BHP Billiton for the option to acquire a 100 per cent stake in the highly prospective Snowbird nickel and base metals project in Canada for $US1.5 million ($1.7 million).
Sydney-based company, Compass Hotel Group Ltd, is forecasting strong revenue growth across a swath of high profile Western Australian pubs it plans to buy as part of a $190 millio
THE board of PharmAust has survived another shareholder vote on their tenure, with the majority of the pharmaceutical company’s shareholders agreeing to reinstate Simon Owen, Bryant McLarty and Henry
Queensland-based franchise operator, Allied Brands Ltd, is planning a major expansion of three of its brands in Western Australia, following a recently completed $10 million capital raising.
It was a lack of focus from Kalgoorlie-Boulder Resources that dampened its stock market performance since it listed on the Australian Securities Exchange almost three years ago, according to chairman Michael Atkins.
Aspen Group Ltd managing director Angelo Del Borrello has been awarded 5.5 million stapled securities in the company worth more than $14 million as part of his long-term incentive package.
Perth-based Axiom Properties Ltd has entered into a selective buy-back agreement with Eumundi Group Ltd under which Eumundi will put to its shareholders the proposal to purchase all of Axiom's shareholding in the company.
Minara Resources Ltd has successfully completed the largest and most comprehensive shutdown in the company's history at the Murrin Murrin nickel and cobalt project.
