Applabs Technologies

CROP finance group AACL has secured a $30 million pre-payment from farmer-owned grains handler CBH Group to overcome funding difficulties in the wake of the global financial crisis.

Perth-headquartered agribusiness AACL Holdings expects to list on the Australian Securities Exchange later this month as it opens its $11 million initial public offer.

Agricultural investment company AACL Holdings has announced managing director Andrew McBain has resigned amid questions about the company's financial viability.

Agricultural investment group AACL will no longer require financial support from CBH Grain after securing an important funding and marketing deal worth almost $30 million with Glencore Grain for the 2010-11 season.

Agricultural investment company AACL Holdings has announced the appointment of Peter McEwen as the company's executive chairman and chief executive officer.

Following a strategic review agricultural investment firm AACL has announced plans to slash its workforce by 15 per cent, streamline its management structure and cut its operating costs by $1 million.

Grain producer AACL Holdings says it has completed a $2.7 million capital raising through commodities trader Glencore International.

 Agricultural investment company AACL Holdings has slashed its pre-tax earnings forecast for the 2012 financial year from a profit of $2.1 million to a loss of $7.2 million, following a downturn in its business and the adoption of new accounting policies.

Agricultural investment company AACL Holdings and international trading group Glencore Grain say they are still negotiating $7 million in funding support for AACL, after failing to meet self-imposed deadlines to complete the deal.

Former agricultural investment company AACL Holdings has decided its future lies with a technology business established by Perth entrepereneur Gavin Burnett.

Former agricultural investor AACL Holdings has completed a makeover and become a technology company after acquiring Applabs Technologies for $1.2 million.

The Waterberg Coal Company was Western Australia’s best-performed listed entity in 2013, providing a whopping 38,748 per cent return to shareholders, according to BNIQ data.

Applabs Technologies has picked up a $115,000 contract with Positiv Flo to develop an innovative new product with the health and fitness firm.

Perth-based mobile application developer Applabs Technologies is looking to spin-off its recently launched HomeOpen app into its own company, to facilitate an Australia-wide rollout.

Patrick Glovac has been appointed a non-executive director of GB Energy, following the resignation of Gordon Hart.

Jamie Pride has been appointed as chairman of the board of advisers of Applab Technologies’ 100 per cent owned real estate open inspection portal, Home Open.

Sydney-based networking group Innovation Bay is expanding to Perth, aiming to give technology entrepreneurs a new pathway to attract seed capital from angel investors.

An employer-employee matchmaking system. Snappy Recruit connects businesses that have vacancies directly with jobseekers experienced in the sector; the process of getting a job vacancy directly to the right people can take less than 30 minutes.

When newly appointed managing directors agree to work for nothing, it’s a sure sign the cost pressures facing listed companies are getting more acute.

The keen investor interest in tech stocks will hopefully be more than a passing trend.

SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state’s best chief executives are unexpectedly low down.

Parmelia Resources has announced plans for a reverse takeover of a NSW-based software company, while one of the first local companies to complete a backdoor listing has flagged a new acquisition.

Morgan Stanley Wealth Management has been appointed by the corporate watchdog to sell a portion of shares in Sovereign Gold Company held by former Applabs Technologies directors which were found to have been acquired invalidly.