THE former stevedoring heavyweight Chris Corrigan is talking up building a
''junior Patrick'' out of Kaplan Funds Management's key listed vehicle. Four
years after Patrick Corp was bought by Toll Holdings, the Corrigan-backed
Kaplan will also step up its efforts over the next year to turn
AMCOM Telecommunications went into a trading halt yesterday ''pending the
announcement of a proposed transaction'' but it would not reveal any further
details. The corporate services provider, which raised $25 million last month,
is due to make an announcement by Monday. It may not be a
February 6, 2010 Kaplan's core focus will remain on transporting containers and
vehicles from ports to distribution centres via rail, Mr Corrigan said. ''We
have aspirations to build a significant business … but we are not going to go
about it by throwing money at anything that comes
February 6, 2010 An announcement is due by Monday from the corporate telecom
services provider, which completed a $25 million raising last month. It may not
be a coincidence that the news follows a doubling in the company's share price
over the previous six months and came just one day
The benchmark S&P/ASX 200 Index closed down 26.3 points, or 0.57 per cent,
at 4621.6, while the broader All Ordinaries Index fell 29.1 points, or 0.62 per
cent, to 4644.1. Myer said before the start of trading that its sales would be
up only 1.2 per cent on a like-for-like basis for the first
Internet provider iiNet says it has always been a good corporate citizen and is
getting on with business now that it's been vindicated by a court. A Federal
Court found iiNet could not be held responsible for unauthorised downloads of
movies on the internet. But Justice Dennis
AVE - AEVUM LTD - up 1.5 cents to $1.35 Retirement business Aevum has swung to
a half year profit and expects economic conditions to continue to show
improvements. BEN - BENDIGO AND ADELAIDE BANK LTD - down nine cents to $10.01
ELD - ELDERS LTD - down 0.5 cent to $1.39 Rural Bank Ltd
AAP STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE TODAY: AVE - AEVUM LTD -
up 1.5 cents to $1.35 Retirement business Aevum has swung to a half year profit
and expects economic conditions to continue to show improvements. BEN - BENDIGO
AND ADELAIDE BANK LTD - down nine cents to
Feb. 3 (Bloomberg) -- CSR Ltd. ’s proposal to demerge its Australian sugar
business from its building products operations was rejected by the Federal
Court because of concern over asbestos liability. CSR, Australia’s
second-largest building-products maker, last month rejected a A$1.5
The Federal Court in Sydney dismissed an application from CSR to put their
demerger proposal to a shareholder vote. Justice Margaret Stone told the court
that CSR's draft statement explaining the demerger scheme would not adequately
disclose the uncertainties relating to future asbestos
THE former stevedoring heavyweight Chris Corrigan is talking up building a
''junior Patrick'' out of Kaplan Funds Management's key listed vehicle. Four
years after Patrick Corp was bought by Toll Holdings, the Corrigan-backed
Kaplan will also step up its efforts over the next year to turn
