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Takeovers + Schemes Review
TAKEOVERS + SCHEMES REVIEW 2018 GTLAW.COM.AU 1 THE GILBERT + TOBIN 2018 TAKEOVERS AND SCHEMES REVIEW 2017 demonstrated a distinct uptick in activity for Australian public company mergers and acquisitions. Some key themes were: + The number of transactions announced increased by 37% over 2016 and aggregate transaction values were among the highest in recent years. + The energy & resources sector staged a recovery in M&A activity, perhaps signalling an end to the downwards trend observed over the last six years. The real estate sector made the greatest contribution to overall transaction value, followed closely by utilities/infrastructure. + Despite perceived foreign investment headwinds, foreign interest in Australian assets remained strong, with Asian, North American and French acquirers featuring prominently. Four of the five largest transactions in 2017 (including two valued at over $5 billion) involved a foreign bidder. + There was a material decline in success rates, except for high value deals greater than $500 million. Cash transactions continued to be more successful than transactions offering scrip. Average premiums paid fell slightly. + Regulators continue to closely scrutinise public M&A transactions, with the attendant lengthening of deal timetables. This Review examines 2017’s public company transactions valued over $50 million and provides our perspective on the trends for Australian M&A in 2017 and what that might mean for 2018. We trust you will find this Review to be an interesting read and a useful resource for 2018. 2 -
For Personal Use Only Use Personal for the UKLA Official List
18 May 2015 South32 Level 32 Brookfield Place 125 St Georges Terrace To: Australian Securities Exchange cc: London Stock Exchange Perth Western Australia 6000 Australia JSE Limited south32.net THIS IS NOT A PROSPECTUS. YOUR ATTENTION IS DRAWN TO THE IMPORTANT INFORMATION ON PAGES 2 AND 3. COMMENCEMENT OF TRADING ON THE AUSTRALIAN SECURITIES EXCHANGE, LONDON STOCK EXCHANGE AND JOHANNESBURG STOCK EXCHANGE South32 Limited (ASX, LSE, JSE: S32) (South32) is pleased to announce that it has been admitted to the Official List of the Australian Securities Exchange (ASX) and that its ordinary shares commenced trading on a deferred settlement basis at 12:00 p.m. (AEST) today. South32’s ordinary shares are expected to commence trading on the ASX on a normal settlement basis on 2 June 2015 at 10:00 a.m. (AEST). Graham Kerr, South32’s Chief Executive Officer, said he is very proud of South32’s heritage and thanked shareholders for the trust they have placed in the management and staff of this new company. “Today is a significant occasion; one that we are pleased to be celebrating in what are otherwise challenging times for the resources sector. South32 will start life with a strong balance sheet, along with high quality, well maintained, cash generative assets and highly talented people. We will work hard to maintain the trust of our owners and partners as we seek to unlock the potential of our assets and grow value for our shareholders and the communities in which we operate.” “We believe that our regional model will enable us to improve our productivity and performance in a sustainable way. -
Student City
Central Perth Over the past five years, central Perth has been 4 transformed through significant government 13 investment in city shaping projects and 3 15 7 leveraging of existing cultural facilities. 11 Perth 6 Busport 16 Student City 14 8 10 Wellington Street Perth Train This has been strengthened through private investment in international Station 5 Murray Street tourism, tertiary education and purpose built student accommodation (PBSA). An investment in PBSA in central Perth allows students to live at the heart Hay Street of Perth’s cultural and entertainment infrastructure, offering unrivaled 2 17 12 St Georges Terrace Adelaide Terrace lifestyle, employment opportunities and the ability to influence the ongoing Barrack Street Barrack Elizabeth Street William transformation of the central city. Quay Busport Riverside Drive EDUCATION INVESTMENT Elizabeth Quay Train Station 9 1 University of WA 9 Elizabeth Quay | $2.6B 2 CQ University 10 Perth City Link | $1.4B 3 TAFE (Northbridge campus) 11 WA Museum | $0.4B 4 TAFE (East Perth campus) 12 Riverside | $2.2B 5 Curtin University (CBD campus) 13 Perth Stadium | $1.3B City of Perth boundary APPROVED PBSA VITALITY 6 89–95 Stirling Street 14 Perth Arena 15 Northbridge PROPOSED PBSA 16 Perth Cultural Centre 1 7 80 Stirling Street 17 8 Lot 4 – Perth City Link New City of Perth Library Opportunities Quick stats International Education has been identified as a key growth industry for Perth and Western Australia, benefiting from our proximity to the Asia Pacific and strong tertiary education sector. An opportunity exists for developers to address a shortfall of Purpose Built Student Accommodation in the central city area. -
Perth Cbd Office Market Overview September 2014
RESEARCH PERTH CBD OFFICE MARKET OVERVIEW SEPTEMBER 2014 HIGHLIGHTS Although vacancy is increasing, Prime grade net incentive levels There were three major office leasing activity is being stimulated have risen to circa 25% which is transactions within the Perth CBD by tenants taking advantage of the expected to favour tenant during the first half of 2014, competitive rental rates and migration to higher quality totalling $569.5 million. incentives on offer. premises and into the CBD. KEY FINDINGS SUPPLY & DEVELOPMENT The effects of a soft Perth CBD leasing market during 2013/14 have materialised with negative net absorption The Perth CBD vacancy rate increased to 11.8% (188,536m2) of –70,626m2 recorded for the twelve months to July as at July 2014 (PCA). 2014, resulting in a rise in the vacancy rate to 11.8%. 2 Approximately 169,080m of Office space in the Perth CBD increased Sub-lease/Backfill office supply is currently under by 8,195m2 (0.51%) during the six construction in the Perth CBD. months to July 2014, with a further Limited backfill space has entered the 2 18,507m forecast to become available market over the past six months due to Tenant demand remains soft, over the second half of the year (see pg. low levels of new supply, however, though a pickup is expected in 3 supply map for further details). The 2015. backfill is likely to make an impact in late bulk of new supply is due for completion 2014 and 2015 as new developments 2 in 2015 and comprises 154,150m of reach completion. -
Stepping Stones
The Perth Mint is one of Perth's most impressive This ore obelisk (popularly Colonial-era buildings and is registered with the referred to as the 'rock kebab') is a National Trust. Built of Quaternary Tamala memorial to State progress. Limestone, the Mint opened in 1899, minting gold Erected in July 1971 , it celebrated sovereigns. After the introduction of decmal jointly the millionth citizen and the currency in 1966 the Perth Mint had produced a decade-long exploration and staggering 855 million one-cent and two-cent mining boom between 1960 __ .,......._ ,.... ,.,_!_.,. coins by 1973. It now mints and markets gold, 1970. It has elicited a range of silver, and platinum Australian legal tender reactions' Designed by architect coinage to investors and collectors worldwide. A Paul Ritter, this 15 m oil-well drill heritage building, gold bullion and nuggets, pipe has 15 different ores precious-metal souvenirs, and a real gold pour threaded onto it, all from Western (liquid gold poured into an ingot) combine to Australia. showcasing the wea lth make the Perth Mint a popular tourist attraction and diversity of our mineral www.perthmint.com.au treasure www.publicartaroundtheworld.com 4. Kangaroos drinking, stirling Gardens The boundary walls and floor of the reflection pool adjacent to Ritter 's Pole (where the kangaroos drink) are made of Toodyay Stone, a light-green rock with sparkling surfaces. The rock is an Archean metamorphosed quartz sandstone, now a quartzite, quarried atToodyay, about 70 km east of Perth. Pale-green fuchsite (a chrome-rich mica) on its surfaces make it sparkle in the sunlight. -
For Personal Use Only Use Personal For
Neometals Ltd A.C.N. 099 116 631 Annual Financial Report for the financial year ended 30 June 2018 For personal use only Neometals Ltd Review of Operations REVIEW OF OPERATIONS The directors of Neometals Ltd (“Company” and “Neometals”) present the annual financial report for the Company and its controlled entities (“Consolidated Entity” and “Group”). Neometals’ primary focus during the year centred on advancing its advanced integrated lithium business unit, the titanium / vanadium project (Barrambie) and developing its technology business unit. LITHIUM BUSINESS UNIT Figure 1 - Neometals Horizons of Growth MT MARION LITHIUM PROJECT (Neometals Ltd 13.8%, Mineral Resources Limited (MRL) 43.1%, Ganfeng Lithium Co., Ltd (Ganfeng) 43.1% through Reed Industrial Minerals Pty Ltd (RIM)) Production achieved a steady state annualised production of 400ktpa of combined 6% and 4% grade during the year. A total of 382ktpa of spodumene concentrate was exported (209K WMT 6% and 173K WMT 4%). Construction of the upgrade to the concentrator circuits to facilitate production of 6% Li2O only concentrate is in progress and on track for completion in quarter two FY19 with the plant being ramped up to 100% high grade production shortly thereafter. The achieved price for 6% and 4% spodumene products averaged A$879 per wet tonne for all tonnes exported. Pricing is linked to international lithium carbonate and hydroxide prices rather than bilateral spodumene market prices. The 6% spodumene price for quarter four of FY18 was agreed at US$961 per dry tonne CFR China (US$929 per wet tonne). CFR cash costs for FY18 averaged A$576 per wet tonne exported. -
City Square Development Steel Awards 2012 Winner Case Study
CITY SQUARE DEVELOPMENT STEEL AWARDS 2012 WINNER CASE STUDY BUILDINGS - LARGE PROJECTS STATE WINNER (WA) 2012 ARCHITECTURAL MERIT match the corner ‘mega-columns’. The bracing continues beyond the roof of the building to form the highly visible Recently completed, the City Square project, also known ‘column capitol’ or ‘tiara’ structure which rises a further 8 as Brookfield Place, is Perth’s newest high-rise commercial storeys above the roof of the building. office building. Constructed by Brookfield Multiplex, the building incorporates many design features aiming to place it at the leading edge of the high-rise commercial building market. To compensate for the offset core, the designers incorporated a highly visible bracing The overall architectural design of the building aims to make a system to the eastern and western ends of the bold statement on behalf of the main tenant, BHP Billiton. The building. building is a dominant structure on the Perth skyline with the BHP name proudly displayed. The building features an off-set core on the north side of the building, allowing a largely open- Whilst the basement level floors were constructed in concrete, plan internal office layout with floor to ceiling glass achieving the 47 floors and roof above the plaza are all steel framed. uninterrupted spectacular views over the Swan River, to the Composite steel beams span between the circular structural south and to the sea. columns and support Fielder permanent formwork decking with cast-insitu concrete slab floors. Structural columns for the The 47 floors and roof above the plaza are all tower utilise spiral welded steel tubes with bolted end splices steel framed. -
The Scottish Highlanders and the Land Laws: John Stuart Blackie
The Scottish Highlanders and the Land Laws: An Historico-Economical Enquiry by John Stuart Blackie, F.R.S.E. Emeritus Professor of Greek in the University of Edinburgh London: Chapman and Hall Limited 1885 CHAPTER I. The Scottish Highlanders. “The Highlands of Scotland,” said that grand specimen of the Celto-Scandinavian race, the late Dr. Norman Macleod, “ like many greater things in the world, may be said to be well known, and yet unknown.”1 The Highlands indeed is a peculiar country, and the Highlanders, like the ancient Jews, a peculiar people; and like the Jews also in certain quarters a despised people, though we owe our religion to the Hebrews, and not the least part of our national glory arid European prestige to the Celts of the Scottish Highlands. This ignorance and misprision arose from several causes; primarily, and at first principally, from the remoteness of the situation in days when distances were not counted by steam, and when the country, now perhaps the most accessible of any mountainous district in Europe, was, like most parts of modern Greece, traversed only by rough pony-paths over the protruding bare bones of the mountain. In Dr. Johnson’s day, to have penetrated the Argyllshire Highlands as far west as the sacred settlement of St. Columba was accounted a notable adventure scarcely less worthy of record than the perilous passage of our great Scottish traveller Bruce from the Red Sea through the great Nubian Desert to the Nile; and the account of his visit to those unknown regions remains to this day a monument of his sturdy Saxon energy, likely to be read with increasing interest by a great army of summer perambulators long after his famous dictionary shall have been forgotten, or relegated as a curiosity to the back shelves of a philological library. -
ANNUAL REPORT 2020 Competent Persons
ANNUAL REPORT 2020 Competent Persons This Mineral Resources and Ore Reserves Statement as a whole has been approved by Mr D Ian Chalmers, FAusIMM, FAIG, (Executive Director of the Company,) who has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Chalmers has provided his prior written consent to the inclusion in this report of the Mineral Resources and Ore Reserves Statement in the form and context in which it appears. The information in this report that relates to the TGO Mineral Resource estimates is based on, and fairly represents, information which has been compiled by Mr Craig Pridmore, Geology Manager Tomingley Gold Operations, who is a Member of the Australasian Institute of Mining and Metallurgy and an employee of Alkane Resources Ltd. Mr Pridmore has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. The information in this report that relates to the TGO Open Pit Ore Reserve estimate is based on, and fairly represents, information which has been compiled by Mr John Millbank (Proactive Mining Solutions), an independent consultant, who is a Member of the Australasian Institute of Mining and Metallurgy. -
Focus Minerals Limited
Focus Minerals Limited ABN 56 005 470 799 Interim Financial Report for the half year ended 30 June 2020 Page | 1 Table of Contents Corporate Information ...................................................................................................................................................... 3 Directors’ Report ............................................................................................................................................................... 4 Auditor’s Independence Declaration ............................................................................................................................... 6 Interim Financial Report ................................................................................................................................................... 7 Notes to the Consolidated Interim Financial Report .................................................................................................... 11 Directors’ Declaration ..................................................................................................................................................... 16 Independent Auditor’s Review Report .......................................................................................................................... 18 Page | 2 Corporate Information ABN 56 005 470 799 Directors Dianfei Pei Chairman - Non-Executive, Non-Independent Zhaoya Wang Director – Executive Gerry Fahey Director – Independent Zaiqian Zhang Director – Executive (Resigned 9 October 2020) -
Ie Mr, Mrs, Ms Miss
Accommodation & Travel Booking Form Attn: Craig Boyd Tel: 61 2 9352 9923 Fax: 61 2 9352 9911 Email: [email protected] Show Group Enterprises P/L Level 3 / 4A Lord Street Botany NSW 2019 ABN: 86 070 810 703 Australia SURNAME: FIRST NAME: TITLE: (as it appears (as it appears (ie Mr, on photo ID) on photo ID) Mrs, Ms Miss) TELEPHONE: FACSIMILE: MOBILE: E-MAIL: Accommodation is available in various hotels near to the venue in Perth. Please indicate by clicking in the below tick boxes the hotel, room type, rate and number of rooms you require. Closing date is Friday 4 Feb 2011. Hotel Room Type Rate Rooms Required Address Pan Pacific (formerly Sheraton) Standard Room $305 207 Adelaide Terrace, Perth Parmelia Hilton Perth Standard Queen $295 14 Mill Street, Perth Crowne Plaza Hotel Standard Room $240 54 Terrace Road, Perth Hyatt Regency Perth River View King $199 99 Adelaide Terrace, Perth Mounts Bay Waters 2 Bedroom $299 112 Mounts Bay Road, Perth Mounts Bay Waters 1 Bedroom $235 112 Mounts Bay Road, Perth Medina Executive 2 Bedroom $231 138 Barrack Plaza, Perth Medina Executive 1 Bedroom $200 138 Barrack Plaza, Perth Somerset St Georges Tce Studio Room POA 185 St Georges Terrace, Perth Medina Grand 1 Bedroom POA 33 Mounts Bay Road, Perth Please indicate if you require a single, double or twin occupancy room - Single Double Twin Rates are subject to change depending on availability at time of booking. The hotel will charge the nominated credit card. * Other room types and hotel options are available so please enquire with the Show -
Annual Report 2010 Aerial Photo of the Burrup Peninsular Showing MMA’S Supply Base in the Foreground
Annual Report 2010 Aerial photo of the Burrup Peninsular showing MMA’s supply base in the foreground. “MMA, in line with its growth strategy, has continued to invest in its fleet and Supply Base infrastructure spending a total of $109 million over the past year. Four new vessels were purchased including a larger 8,000bhp vessel, the Mermaid Vision.” Tony Howarth - Chairman Key Highlights • $37 million upgrade for Gorgon Project completed • Main wharf development drives increased earnings • Ongoing scope for future development and new clients Mermaid Marine Australia Limited ABN 21 083 185 693 Corporate Directory Directors Tony Howarth Chairman Jeffrey Weber Managing Director James Carver Executive Director Mark Bradley Non-Executive Director Andrew Edwards Non-Executive Director Company Secretary Dylan Darbyshire-Roberts Registered Office Endeavour Shed, 1 Mews Road FREMANTLE WA 6160 Tel: 61 8 9431 7431 Fax: 61 8 9431 7432 Email: [email protected] Web: www.mma.com.au Auditors Deloitte Touche Tohmatsu Chartered Accountants Level 14, Woodside Plaza 240 St Georges Terrace PERTH WA 6000 Tel: 61 8 9365 7000 Fax: 61 8 9365 7001 Solicitors Blake Dawson Level 32, Exchange Plaza 2 The Esplanade, PERTH WA 6000 Tel: 61 8 9366 8000 Fax: 61 8 9366 8111 Bankers National Australia Bank Limited 100 St Georges Terrace PERTH WA 6000 Tel: 1300 889 398 Fax: 61 8 9441 9282 Contents Chairman’s Address 4 Managing Director’s Review of Operations 6 Corporate Governance Statement 14 Directors’ Report 20 Auditor’s Independence Declaration 36 Audit Report 37 Directors’ Declaration 39 Statement of Comprehensive Income 42 Statement of Financial Position 43 Statement of Changes in Equity 44 Statement of Cash Flow 45 Notes to the Financial Statements 46 Additional Stock Exchange Information 88 4 Mermaid Marine Australia Limited Annual Report 2010 Chairman’s Address I am pleased to report that 2010 was another year of strong for the oil and gas industry for over 40 years.