Arafura Pearls Ltd has raised $1.8 million through the issue of 10,500,000 fully paid ordinary shares in the company at $0.17 per share to a select group of new institutional and high net worth investors.
The Home Building Society Ltd brand could disappear as early as September next year after shareholders today voted in favour of its $600 million takeover offer from the Bank of Queensland Ltd.
Como-based construction company Forge Group Ltd has acquired engineering, procurement, and construction company Abesque Engineering & Construction Ltd in a cash and scrip deal worth up to $26 million.
Hundreds of new jobs will be created for indigenous Australians in the Pilbara under a landmark agreement between the State Government and Rio Tinto Iron Ore.
Burke says he helped Premier win poll; Mid-West hopeful braces for attack; This is final Tap, say dissidents; NAB back in the US with $900m deal; Tanner says Labor on top of sovereign wealth funds eyeing Australia's strategic assets
Junior exploration company Chameleon Mining NL has commenced legal action against iron ore miner Murchison Metals Ltd, even though Murchison has previously dismissed Chameleon's claims as baseless.
East Perth-based mining explorer Redstone Resources Ltd has appointed DLA Phillips Fox's corporate and commercial advisory partner in Perth, Richard Homsany, as chairman.
Automotive Holdings Group Ltd has announced a strong start to the 2008 financial year, posting unaudited revenue of $1.14 billion for the four months to October 31 2007, up 89.7 per cent on revenue from the corresponding period in 2006-07.
BHP boss rattles Rio Tinto's cage; Bosses in blitz to block AWAs; PwC snares adviser Gem; Class actions cloud Quantas' horizon; US feels power of cashed-up foreign funds
Aspiring gold miner Kalgoorlie-Boulder Resources Ltd has raised $2.5 million to fund ongoing exploration at its Norseman gold project in the eastern goldfields of WA.
West Perth-based Comdek Ltd has taken a major step in its plans to reinvent iteslf as a coal miner by appointing prominent corporate lawyer Michael Hunt as its non-executive chairman.
Top Perth pubs picked up for $190m Compass float; BHP fires barrage at regulators over policy; Anger as two states lift ban on GM canola; Rio in $500m drilling push to fill Pilbara export targets; Aussi shoppers get bad deal, says retail guru.
The relationship between the PharmAust Ltd board and its former managing director, Paul D’Sylva, has further soured with the company initiating legal action over his handling of the business.
The Note couldn’t help noting some strange coincidences when it comes to business names in WA. Last week we had a story on accounting firm M Squared – established by Craig Miller and Rob Moltoni.
Many market watchers were in awe of Andrew Forrest’s plan to raise a few billion dollars for construction of a 240-kilometre railway from his planned iron ore mine in the Pilbara to Port Hedland.
Wesfarmers Ltd managing director Richard Goyder has increased his indirect interest in the company through the award of a long term incentive by the company of 79,838 shares worth $3.3m relating to th
The residential and commercial sectors have posted strong profit results for the September quarter, despite Western Australia’s labour and material shortages, according to a quart
Gordon Martin has built two major Western Australian companies without having to list on the Australian Securities Exchange, and he has no intention of changing that.
THE dispute over Western Power chief executive Doug Aberle’s annual bonus has been resolved, following negotiations between the utility’s chairman, Peter Mansell, and Energy Minister Francis Logan.
Engineering and construction contractor Clough Ltd has told shareholders the company has dealt with its problem contracts and can look forward to profitable trading in future.
LIKE the late Kerry Packer, the Note loves nothing more than seeing a team of Aussies soundly defeating all and sundry at the nation’s most uniformly embraced sport – cricket.
Perth-based Aquila Resources Ltd has agreed to subscribe, via its subsidiary Aquila Steel Pty Ltd, for 72 million shares in Cullen Resources Ltd at 10 cents each to raise $7.2 million.
Fairstar Resources Ltd has announced that acceptances for its off-market takeover bid for Golden West Resources Limited have now increased further to a total of 33.73% of the issued capital of Golden West.
Directors' liability 'hindering boards'; Rio hits back at BHP with bullish expansion plan; Kiernan threatens to walk over pay stoush; ABB confirms push into wheat sales as drought cripples profit; Bitter blow to Empire as chief quits.
Takeover bids for scaffolding company PCH Group Ltd and diamond producer Kimberley Diamond Company NL today went unconditional after their UK-based suitors secured enough shareholder support for their respective offers.
VDM Group Ltd subsidiary, Civmec Construction & Engineering Pty Ltd, has been awarded a $30 million contract to construct a permanent mine camp at Moorvale Queensland.
Agricultural and forestry fund manager, Great Southern Limited, has recorded lower than expected project sales revenue on the back of legislative uncertainty surrounding non-forestry managed investment schemes, driving its 2007 net profit down 29 per cent
West Perth-based Northern Iron Ltd has aims to raise up to $140 million in its initial public offer to fund acquisitions and exploration over its Sydvaranger Iron project in northern Norway.