Tuesday, 7 April, 2009 - 15:04
Mission customer halves biodiesel sales
A major customer for Mission NewEnergy has offered nearly $2 million in compensation as it requests its take-up of biodiesel be halved.
Dato' Nathan Mahalingam has successfully implemented numerous start-up manufacturing operations in Malaysia during his tenure of service with a large Malaysian conglomerate. Between 1995 and 2000, he served as project director in the Westport Group, developers of one of Malaysia's largest privatised port and transhipment facility.
A major customer for Mission NewEnergy has offered nearly $2 million in compensation as it requests its take-up of biodiesel be halved.
Subiaco-based Mission NewEnergy has sold its Kuantan Port biodiesel refinery for $24 million to a newly formed joint venture company in which it will retain a 20 per cent stake.
Bruce Linton, current non-executive director of Auscann Group Holdings, has appointed David Pryce as his alternate director.
Position | Company | Year | Company's current rank | WA staff |
---|---|---|---|---|
Executive Chairman (from 2017); (Chief Executive Officer 2005-2017)
|
2005 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2015-02-19 | Other | 612,956 | $0.00 | Other | ||
2015-02-19 | Other | 612,956 | $0.00 | Other | ||
2015-02-19 | Issued | 5,000,000 | $0.01 | $50,000 | Other |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Felda Global Ventures Holdings | Mission NewEnergy | Asset acquisition | $24.00m | >> |