rights issue - News, Features, and Slideshows

News

• DataMotion cancels rights issue

  DataMotion (ASX:DMN) will seek new ways to raise funds to pursue M&As, after failing to receive ASX approval for a just-announced rights issue

• 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

• DataMotion raising funds for possible M&As

  IT security company DataMotion (ASX:DMN) will put most of the funds raised in a newly-announced rights issue towards finding M&As or investment targets

• 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

• Anittel raises $1.1m in placement

  Anittel (ASX:AYG) has found a home for nearly a third the 511.6m shortfall shares from its recent one-for-two rights issue

• Hyro plots $4m rights issue

  Digital services provider Hyro (ASX:HYO) aims to raise $4m in a rights issue, to help eliminate the debts which caused it to swing to an FY10 loss

• Intermoco completes $1.2m capital raising

  Utilities management provider Intermoco (ASX:INT) has announced it has closed its $1.2m one-for-nine rights issue

• pieNETWORKS launches $2.15m rights issue

  Internet kiosk developer pieNETWORKS plans to raise $2.15m in a 1-for-9 rights issue, as it prepares to negotiate terms with Telstra over a large-scale deployment

• pieNETWORKS plans $2.15m rights issue

  Internet kiosk company pieNETWORKS (ASX:PIE) has announced a 1-for-8 rights issue, with a goal to raise $2.15m to fund the production of its Hotspot Webphone terminals

• Structural Monitoring plots $1.4m rights issue

  Structural integrity testing company Structural Monitoring Systems (ASX:SMN) has revealed plans to raise $1.4m in a one-for-three rights issue

• Sirius raises $816k in rights issue

  Software and services company Sirius (ASX:SIU) has raised $816k in a non-renounceable rights issue

• Intermoco to raise $1.2m in rights issue

  Smart grid technology and utilities management developer Intermoco (ASX:INT) has launched a 1-for-9 rights issue to raise $1.2m in capital

• DataSquirt to raise $400k in rights issue

  Enterprise communications solution provider DataSquirt (ASX:DSQ) has launched a 1-for-7 non-renounceable rights issue to raise up to $400,000

• Quickflix rights issue undersubscribed by $1.5m

  Online movie rental company Quickflix (ASX:QFX) closed its latest rights issue with undersubscriptions of more than $1.5m, but has already arranged to place the shortfall