Tony Lennon

Peet & Co is heading towards an Australian Stock Exchange float with a $100 million raising.

WESTERN Australian-listed developer Peet and Company has acquired a 17-hectare parcel of land in Baldivis, with the potential to create 200 lots.

Western Australia has 23 nominees in the field of 108 competing for the Ernst & Young Australian Entrepreneur of the Year 2006.

The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.

Greater public exposure has helped lift community engagement with, and funding to, the not-for-profit sector.

Perth-based property group Peet says it will break new ground with a $76 million all-cash takeover offer for eastern states-based residential development group CIC Australia.

Peet chairman Tony Lennon has lifted his interest in the land development company to 21.4 per cent after participating in a special placement tied to its takeover of east coast property company CIC Australia.

SPECIAL REPORT: The growth of private philanthropy holds promise for the not-for-profit sector.

There were 23 Western Australians featured in this year’s BRW Rich 200 List, with two new entrants and two others failing to make the cut.

A new feature on the Business News web site that tracks the changing wealth of Western Australia’s company directors shows Tony Lennon and Peter Cook are among the winners over the past month while Kerry Stokes and Andrew Forrest have gone down.

SPECIAL REPORT: The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Click through for our list of 50 directors and investors with holdings worth more than $11 billion between them.

Our board moves wrap includes Jeremy Robinson, Howie McKibbon, Simon Acomb, Ranko Matic, Vicki Krause, Bob McKinnon, Margaret Kennedy, Michelle Tierney, Greg Wall, and Tony Lennon.