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Company News

Pepper’s South Korean bank affected by new regulations

22 Sep 2017 - Pepper Group (ASX:PEP) has been advised by South Korea’s regulator that its South Korean mutual savings bank, Pepper Savings, is affected by changes to regulations su…

Magnus Resources receives New York government funding

22 Sep 2017 - Magnus Resources (ASX:MNS) has received funding from the New York state government to support its lithium-ion battery giga-factory based in upstate New York.

Seven West Media and Prime deny media speculation

22 Sep 2017 - Seven West Media (ASX:SWM) has denied it has entered an agreement with Prime Media Group (ASX:PRT), but confirms there was a conceptual proposal received.

Strike Energy and Orica negotiate new agreement

20 Sep 2017 - Strike Energy (ASX:STX) has announced the execution of a new gas sales agreement with multinational Orica.

Rio announces $2.5 billion buyback

22 Sep 2017 - Rio Tinto (ASX:RIO) has announced it will buy back an additional $2.5 billion in shares, returning proceeds of the Coal & Allied Industries sale to shareholders.

Sheffield Resources native title appeal dismissed

22 Sep 2017 - Sheffield Resources Limited (ASX:SFX) has announced the Federal Court has dismissed an appeal related to a decision made by the national native title tribunal earlier…

NIB secures $60 million placement

21 Sep 2017 - NIB Holdings (ASX:NHF) has successfully completed a $60 million fully underwritten institutional placement.

QBE prices US$300m fixed rate senior notes

21 Sep 2017 - QBE (ASX:QBE) has priced US$300 million in fixed rate senior notes due in 2023 to be issued under its medium term note program.

Sirtex pays ASIC infringement, denies wrongdoing

21 Sep 2017 - Sirtex Medical (ASX:SRX) has complied with an infringement notice issued by ASIC related to an alleged contravention of its trading disclosure obligations.

Federal Court hands Tatts merger decision to Tribunal

21 Sep 2017 - Following the Federal Court’s judicial review of the proposed merger of Tabcorp (ASX:TAH) and Tatts Group (ASX:TTS), it has remitted the matter back to the Tribunal f…

CBA sells life insurance business to AIA Group & reviews of CFSGAM

21 Sep 2017 - Commonwealth Bank (ASX:CBA) announces sale of the Australian and New Zealand arms of its life insurance business, Comminsure Life and Sovereign, to AIA Group for $3.8…

G8 Education snaps up 19 childcare centres for $27m

21 Sep 2017 - G8 Education (ASX:GEM) has acquired 19 early education and childcare centres for $27 million.

Challenger Board Director to depart

20 Sep 2017 - Challenger (ASX:CGF) has announced one of its board Directors, Brenda Shanahan, will stand down after being with the group since 2011.

Mirvac issues $400m European medium term notes

20 Sep 2017 - Mirvac (ASX:MGR) has issued US$400 million European medium term notes.

Australian Unity sells GU Health for $155.5m

20 Sep 2017 - nib holdings (ASX:NHF) has snapped up Australia’s only specialist corporate group health insurer, GU Health, for $155.5 million.

Sirtex Medical Chairman steps down after 13 years

20 Sept 2017 - Sirtex Medical (ASX:SRX) has announced Richard Hill will retire as Chairman and Non-Executive Director, standing down from the helm on 28 October 2017.

Seven Group Holdings swoops on 100% Coats Hire ownership

20 Sep 2017 - Seven Group Holdings (ASX:SVW) has snapped up 100 per cent of the Coates Hires group.

Sandfire Resources draft operating permit for Copper project

20 Sep 2017 - Sandfire Resources (ASX:SFR) has received a draft operating permit for its 78 per cent owned Black Butte Copper Project in the US.

Cyclopharm PET collective

19 Sep 2017 - Cyclopharm (ASX:CYC), has joined forces with Cyclotek and PETTECH Solutions in an effort to advance the Australian molecular imaging sector.

G Medical appoints new board member

19 Sep 2017 - G Medical Innovations Holdings Limited (ASX:GMV) has appointed Ashley Krongold to its board of Directors.

Yowie appoints new Chair

19 Sep 2017 - Yowie Group Limited (ASX:YOW) has appointed Louis Carroll as its non-Executive Chair.

TPG dials-in record profits

19 Sep 2017 - TPG Telecom Limited (ASX:TPM) has reported its net profit after tax (NPAT) rose about 9 per cent on FY16 to $413.8 million for the 2017 financial year.

Synlait books record profit

19 Sep 2017 - Synlait (ASX:SM1) has reported its net profit after tax (NPAT) rose to $38.2 million for the 2017 financial year, marking the company’s strongest performance yet.

Lendlease expands further into America

19 Sep 2017 - Lendlease Group’s (ASX: LLC) Chief Executive Officer of Americas Dennis Hickey has briefed the market on the group’s 50 year operations on the continent.