Wednesday, 6 December, 2017 - 10:37
Parkd shares rise on debut
Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.
Peter McUtchen joined PARKD in 2016 as managing director and was appointed chief operating officer in June 2019 and chief executive in 2020.
He has over 14 years of experience in the structural design and construction of specialist concrete buildings and structures. His experience in the construction industry was founded with the specialist subcontractor Soletanche Freyssinet where he developed expertise in the design and construction of post-tensioned structures and management of construction projects.
Upon establishing the Freyssinet brand in the Western Australian market, Mr McUtchen transitioned into the engineering consulting industry, becoming the practice manager for ADG Engineers (a national structural and civil engineering consultancy). His experience with Freyssinet spanned 11 years in Australia and the UK. Whilst working at ADG Engineers in Perth, Mr McUtchen focused on providing structural design and solutions for builders and developers, whilst continuing to partner with specialist subcontractors in the design of post-tensioned structures.
Mr McUtchen is the appointed President of the West Australian branch of the Concrete Institute of Australia.
Rank | Company | # | |
---|---|---|---|
130th | ![]() |
PARKD | $3.55m |
148th | ![]() |
Botanix Pharmaceuticals | $2.07m |
150th | - | RemSense Technologies | $1.84m |
151st | ![]() |
8I Holdings | $1.84m |
152nd | ![]() |
Norwood Systems | $1.74m |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1251st | Strata Investment Holdings">Strata Investment Holdings | -31.88% | 0% |
1252nd | Karoon Energy">Karoon Energy | -31.93% | 4.38% |
1253rd | PARKD">PARKD | -32.2% | -23.52% |
1254th | Zimplats Holdings">Zimplats Holdings | -32.25% | 13.6% |
1255th | Cannindah Resources">Cannindah Resources | -32.25% | 33.23% |
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NEWS: Tagged in Parkd to build Audi’s luxury retail centre | 18 Oct 2023 |
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REMUNERATION UPDATE: Executive Director, Chief Executive since 2020, PARKD | 02 Nov 2020 |
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REMUNERATION UPDATE: Executive Director, Chief Executive since 2020, PARKD | 24 Aug 2020 |
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REMUNERATION UPDATE: Executive Director, Chief Executive since 2020, PARKD | 30 Jun 2020 |
Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.
Perth company Parkd has struck a deal with property developer Vector Management to evaluate construction of a $9 million car park in the inner city, while the state government has announced plans for a $32 million car park at Forrestfield.
Claremont-based Parkd has sold its first relocatable car park to City Subaru Perth, which the dealership leased for the past six months following completion of the project in August.
Parkd’s construction of a 190-bay relocatable car park for Mazda Bayswater has been parked for the foreseeable future, after the dealership said it would reassess the timing of the expansion.
Hun Seng Tan has retired as non-executive director of GBM Resources, having served on the board for over 4 years.
Parkd co-founder Peter McUtchen is stepping down as managing director and will be replaced by the company’s chief financial officer.
Our board moves wrap includes Stuart Grimshaw, Jason Kulas, Matthew Madden, John Duffin, Len Troncone, Peter McUtchen, Kevin Lines, Michael Bohm, Jason Bahnsen, Peter Bird, and Mike Joyce.
Parking infrastructure builder Parkd has signed a contract with Audi Centre Perth to construct a new luxury automotive retail facility in Myaree.
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