Balcatta-based Safe Effect Technologies Ltd was close to calling in the receivers early in 2006 when Ken Johnsen joined as chief executive, mid-way through the company’s recapitalisation and efforts to relist on the Australian Securities Exchange.
Balcatta-based braking systems manufacturer Safe Effect Technologies Ltd has raised $2.15 million in a placement ahead of a product range expansion and introduction of a new sales and marketing strategy.
Balcatta-based braking systems manufacturer Safe Effect Technologies Ltd's Sealed Integrated Braking System received accreditation from the South African Bureau of Standards for use on roads and mines, the company announced this morning.
Balcatta-based Safe Effect Technologies Ltd has converted the last of its remaining debt under a $9 million convertible note to shares, on the day former chairman Roger Cowan announced he would resign from the board on December 31.
Balcatta-based brake technology development company Safe Effect Technologies Ltd has completed the acquisition of 100 per cent beneficial interest in its sealed integrated braking system.
Western Australian braking systems company Safe Effect Technologies Ltd has announced the selection of South African group, Brakecore Supply Co. Pty Ltd, as its exclusive distributor of its Sealed Integrated Braking System (SIBSTM).
Former Orbital director Ken Johnsen is leading the revival of little-known Balcatta company SafeEffect Technologies, which is aiming to relist on the Australian Stock Exchange this month after a two-and-a-half-year suspension.
Australian Stock Exchange-listed brake manufacturer Safe Effects Technologies has undergone a major board restructuring, replacing chairman Tom O’Brien with former South Sydney Co
