Katana Capital

Romano Sala Tenna became a substantial shareholder with a relevant interest of 1,070,000 ordinary shares (5.0%)

Investment company Katana Capital has raised $7.8 million through the issue of 8.4 million shares to sophisticated and professional investors at an issue price of 93 cents per share.

Sharp timing on commodities stocks has helped drive a strong result for investment manager Katana Capital, with a 187 per cent increase in revenue to $8.3 million, from $2.8 million the previous financial year.

Investment banking group Azure Capital has added to the state’s small funds management sector by offering an Asian-focused hedge fund run by an experienced operator drawn to Perth for family reasons.

Sandalwood producer TFS Corporation has appointed Gooding Partners founder Dalton Gooding as an independent non-executive director, effective immediately.

TFS Corporation non-executive director Dalton Gooding has been promoted to the role of non-executive chairman after joining the company just one month ago, after Patrick O’Connor stood down from the role at a board meeting this morning.

Western Australia’s listed money managers had a strong 12 months to June 2014, but face a challenge to repeat that performance in 2015.

East Africa Resources has become the 36th Perth-based company to announce a backdoor listing deal in the past 18 months, with plans to exit uranium exploration and acquire local security services business Threat Protect Australia.

Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.

A difficult 2015 financial year for the Western Australian economy has flowed through to a soft performance for the state’s listed money managers, according to BNiQ research, with the biggest player considering a restructure to diversify its income sources.

SPECIAL REPORT: As the energy construction boom winds down, policy makers must get the settings right to prepare for future investment, while energy players mull the best way to allocate scarce capital.

SPECIAL REPORT: The ubiquitous influence of the internet in modern business has brought an uptick in investment in Perth’s data storage capacity, and into new high-speed subsea cables.

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state’s gold sector, and 2017 is looking to be a similarly positive year.

SPECIAL REPORT - MINING SERVICES: Higher commodity prices and investment to maintain iron ore volumes could help lift mining contractors out of the doldrums after several tough years. Click through to see this and links to four other feature stories.

Our board moves wrap includes Nev Power, Dane Lance, Keith Martens, Baden Bowen, Gabriel Chiappini, John Lamb, Jeffrey Moore, and Ken Brinsden.

Our board moves wrap includes Karl DeMong, Brett Lawrence, Jason Kulas, Timothy Jugmans, Susan Thomas, Ged Hall, Dennis Jensen, Robert Scott, ZhaoYa Wang, WangHong Yang, Rowan Johnston, Ben Laird, Peter Wallace, Lawrence Marshall, Benjamin Donovan, Julien Sanderson, Matthew Carr, Tamara Brown, Michael Skead, and Laurie Marsland.