Medical technology may have taken a back seat to resources stocks during the mining boom, but the sector has generated a lot more interest of late, with several players in reverse takeovers on the ASX.
A Singaporean supplier of cranes and heavy machinery has emerged as a substantial shareholder of mining services player McAleese Group, spending over $3 million to acquire more than 9 per cent of the company.
Shares in technology hopeful Oz Brewing jumped 33.3 per cent after it concluded a reverse takeover deal with 3D printing company 333D, which was more than a year in the making.
nib Stadium will host a rugby union international for the first time next year following the state government's announcement today of a two-year deal with the Australian Rugby Union.
Perth financial services provider Pioneer Credit has today reported its 2014-15 earnings are expected to exceed its $6.6 million forecast, and post an operating profit of $7.7 million.
A group of Perth venture capitalists is backing plans by a local health scientist for an IPO of a new fitness-based business development, including a body-measuring app that is still on the drawing boards.
The Real Estate Institute of Australia says its recently released report into negative gearing shows renters would pay much more if there were to be any changes to the policy, despite claims to the contrary by a leading research institute.
Local miner Metals X has reached an agreement with Northern Mining to acquire the Georges Reward gold project at Bulong in Western Australia for a cash sum of $4.5 million.
Perth-based gold miner Manas Resources has launched a $4.7 million capital raising plan to fund pre-development work at its Shambesai gold project in southern Kyrgyzstan.
Doray Minerals has announced a 15 per cent increase in full-year gold production at its Andy Well gold project, located in the Murchison region of Western Australia.
Yangebup building company Bellagio Homes has been formally cautioned by the Building Commission's building services board for falling to comply with State Administrative Tribunal orders.
Last year's Business News Rising Stars winner, emergency response and security services provider Executive Risk Solutions, has taken the top prize as the 2015 Telstra Western Australian business of the year.
South Australian construction and engineering company Ahrens has acquired Savannah Engineers for an undisclosed sum, expanding its existing Pilbara presence.
06 Jul 2015
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