Business News

Our daily board moves wrap includes His Highness Sheikh Maktoum Hasher al Maktoum, David Lenigas, Alex Duncan-Kemp, Dan Smith, Jess Oram, David Sanders, Mike Pitcher, Michael Fry, Keith Bowes, Adam Kiley, Stuart McKenzie, Mathew O'Hara, Paul Criddle, Marat Abzalov, and Peter Woods.

ASX-listed property investment fund Centuria has acquired an industrial property in Canning Vale for $18.1 million.

South Fremantle-based seafood company Mareterram has backed a takeover offer from its largest shareholder, Sea Harvest.

Gold Fields has awarded Aggreko a contract to construct and operate a microgrid with 20,000 solar panels and battery storage, which will be integrated with the existing natural gas power supply to reduce fuel consumption at the Granny Smith gold mine near Laverton.

GR Engineering Services has secured an engineering, procurement and construction contract for a wellfield at OZ Minerals’ Carrapateena copper-gold project in South Australia.

Our daily board moves wrap includes Bradley Marwood, Peter Christie, Richard Whiting, Simon Forth, Clive Carver, YeongJin Heo, SungWon Yoon, John Carlile, John Westdorp, Carol New, Craig Hall and Dean Calder.

King & Wood Mallesons, which ranks as the fourth largest law firm in WA, has expanded its local office with two lateral hires, Carl Black and Sam Dundas.

Crusader Resources is pleased to announce the following updates in relation to the Company’s funding position.

ASX-listed Heron Resources has received a claim from CIMIC Group subsidiary, Sedgman, for $49.9 million in extra costs for works at its flagship Woodlawn zinc-copper project in New South Wales.

Henderson-based shipbuilder Austal has increased its full-year revenue projections to $1.9 billion, thanks partly to better-than-expected procurement levels from the US Navy for its littoral combat ships.

ECU is on its way to complete its goal to appoint more than 20 professors from around the world to increase its research activity, with the appointment of its 18th professor, Michelle Colgr

Our daily board moves wrap includes Quentin Megson, Tony Chamberlain, Brett Tucker, Benjamin Donovan, Leslie Pereira, Ray Shorrocks, Ran Kaspi, Anat Peled, Grant Osborne, David McEntaggart and Nicki Farley.

The Perth Mint is injecting some fun into the world of bullion investing by releasing a new range of collectable coins featuring none other than The Simpsons.

Qantas has bought 20 per cent of Alliance Airlines and wants to grab an even larger stake of the regional charter operator.

Lucapa Diamond Company has announced it has sold US$16.7 million ($22.9 million) worth of diamonds at an Angolan auction.

Healthscope has agreed to a $4.5 billion takeover by Canadian investment firm Brookfield, despite rival bidders suggesting they could increase their offer.

Our daily board moves wrap includes Klaus Eckhof, Frazer Tabeart, Ian McCubbing, Guy-Robert Lukama, Yves Ilunga, Terence Clee, James Ellingford, Mathew Perrot, Rohan Dalziell, Alec Pismiris, David Sanders and Harry Karelis.

Online screening and verification company CV Check has generated a cash surplus of $200,000 for the December quarter, its first cash positive quarter since it was founded in 2004.

Belmont-based contractor NRW Holdings will purchase the mining and heat treatment businesses of RCR Tomlinson for $10 million.

Our daily board moves wrap includes Steven Zaninovich, Simon Jackson and Paul Stephen.

Galena Mining has struck a deal with Japanese company Toho Zinc to invest up to $90 million in stages in the Abra zinc project in the Gascoyne region.

There are doubts Chinese government-owned telecommunications giant Huawei will be able to deliver a $136 million contract for Perth’s rail network, after the United States brought criminal charges against the company.

Australian Gas Infrastructure Group has announced it is expanding its Tubridgi gas storage facility near Onslow in the north-west of Western Australia.

Women accounted for 29.7 per cent of ASX200 board members by the end of last year, an increase of more than 10 percentage points since the Australian Institute of Company Directors in 2015 called for ASX200 companies to achieve 30 per cent female representation on boards by the conclusion of 2018.

West Perth-based ClearVue Technologies has launched the first commercial trial of its photovoltaic solar panel, with the glass structure installed at Warwick Grove shopping centre.

Marine services company TAMS Group has been awarded the tender for the replacement of Berth 3 deck and fender in Port Hedland six months after previous contractor York Civil went into administration.

Our daily board moves wrap includes Martin Purvis, Kevin Small and Dane Etheridge.

Prominent Western Australians, including the late Stan Perron, Peter Botten, John Atkins, and Michael Fitzpatrick have been recognised for their service to the business community at this year’s Australia Day Honours.

US federal agents have conducted a search at Austal’s offices in Mobile, Alabama, in relation to an inquiry by the Australian Securities and Investments Commission into announcements the shipbuilder made in late-2015 and mid-2016.

Neurotech International has announced it is seeking to raise up to $3.3 million via a rights issue, with plans to use the funds to change the strategic direction of the company’s Mente product.

Sacgasco has executed an Agreement with Raven Energy and its Bombora subsidiaries to acquire various working interests in the Alvares, Dempsey and Dempsey Trend Projects in the Sacramento Basin.

This week's board moves wrap includes Chris Evans, James Brown, Bradley Boyle, Neil Hackett, Peter Spitalny, Mike Young, Tomer Segev, Eran Gilboa, Justin Walawski, Wen Qian, Jason Livingstone, Robert Klug, Paul Kitto, Paul Burton and Mark Strizek.