capital raising - News, Features, and Slideshows

News

• The one thing government should do to support tech growth in Australia

  A diverse panel at a CEDA event in Sydney were asked the question: What one thing should the government focus on to support tech business growth in Australia?

• Coffey International plots $40m raising

  Consulting services company Coffey International (ASX:COF) plans to raise $40m to help deleverage as it completes an operational streamlining

• MOKO.mobi, Quickflix announce placements

  Online DVD rental company Quickflix (ASX:QFX) and mobile social network MOKO.mobi (ASX:MKB) both disclosed share placements on Thursday

• BT Investment Management buys London firm

  BT Investment Management (ASX:BTT), the funds manager majority-owned by Westpac (ASX:WBC), has bought a London equity investor firm for around $316m

• Gulf Industrials plans $11.8m rights issue

  Shares in mineral exploration company Gulf Industrials (ASX:GLF) fell 22.8% on Thursday after the company announced an $11.8m rights issue

• Peninsula Energy makes $15m placement

  Peninsula Energy (ASX:PEN) has agreed to place $15 million worth of shares to NuCore Energy, in a deal which will also give it access to the services of a Toronto corporate advisory firm

• Australian Agricultural completes $56m placement

  Beef producer Australian Agricultural (ASX:AAC) has placed $56.3m in new shares to institutional investors, and now plans to raise up to $30m more in a SPP

• Pluton to raise $4m in SPP

  Tasmanian and WA mining explorer Pluton Resources (ASX:PLV) hopes to raise $4m in a share purchase plan to provide operational funding for a feasibility study

• CSG announces $40m capital raising

  IT services company CSG (ASX:CSV) will conduct a rights issue and entitlement offer to raise $40m to help repay some of its growing debt and meet contractual repayments

• Symex announces $24.4m capital raising

  Oleochemical producer Symex (ASX:SYM) has announced a $5m placement and $19.4m rights issue to help finance its recent purchase of the White King and Janola brands

• Vocus details $1.9m share purchase plan

  Wholesale telecom service provider Vocus Communications (ASX:VOC) has revealed more details of a $2.00 per share share purchase plan which commenced this week

• Origin to raise $2.3b using new offer model

  Energy giant Origin Energy (ASX:ORG) has announced a $2.3b entitlement offer, using a new equity raising structure developed for it by Merrill Lynch

• Vocus raises $13.1m in placement

  Wholesale telecom service provider Vocus (ASX:VOC) said it had placed $13.1m worth of shares, and planned to raise another $1.9m in a SPP

• Vocus shares soar prior to entering trading halt

  Shares in wholesale telecom operator Vocus (ASX:VOC) grew over 13% on Thursday, before trading was halted while it prepares an announcement on a capital raising

• Connxion completes phase 1 of $1.5m note issue

  Data and transaction services company Connxion Ventures (ASX:CXN) has reached the first milestone in a $1.5m convertible note raising to help fund its expansion efforts