The single largest shareholder in Watpac has struck a deal to acquire a majority stake in the contracting and construction company, which today reported an interim loss of $1.4 million.
3D printing company Aurora Labs has announced it will raise up to $8 million, with the funds to be used to support development of its large format technology.
Badge Constructions has been awarded a $5 million contract to build a shipside support tower at BAE Systems’ Henderson facility to support its frigate upgrade project.
The Western Force has moved swiftly to appoint Brad Paatsch as its commercial strategy boss, weeks after he was let go as the chief operating officer at Optus Stadium.
Former JCY principal Will Thomson has joined Site Architecture Studio as an associate. He was lead education architect at JCY and head of the building information modelling practice management team.
The state government will review the security of payments for local subcontractors, while also establishing an industry advisory group, chaired by experienced barrister John Fiocco, to facilitate the review.
Shares in West Perth-based Raiden Resources (previously SubZero Group) enjoyed strong gains today after they started trading on the ASX, following a two-year restructuring of the company and acquisition of a copper-gold project in Serbia.
The corporate watchdog has banned Perth-based financial adviser Philip Leake from providing financial services for the next five years after he was found to have given poor advice to a number of clients.
Gold miner Doray Minerals has raised $25 million to reduce debt and increase exploration at its Deflector project, which is located 160 kilometres east of Geraldton.
Nev Power has resigned as chief executive of Fortescue Metals Group. The company has appointed current chief financial officer and executive director Elizabeth Gaines as its new chief executive.
WA Super has finalised its merger with fellow local superannuation fund Concept One, with the pair combining to form a $3.4 billion fund with more than 60,000 members.
Shares in mining equipment supplier Imdex have jumped 8.3 per cent today after the company announced a half-year profit of $10.6 million, with revenue up 28 per cent on the corresponding period last year.
Cash Converters International has recorded an 18 per cent decline in net profit for the half year to December as the company transitions its business under chief executive Mark Reid.
Limestone Building Blocks Company has been handed a $65,000 fine after a worker at its Nowergup manufacturing plant was seriously injured when he became trapped in a block-making machine last year.
City of Perth chief executive Martin Mileham has taken indefinite leave, with Lord Mayor Lisa Scaffidi explaining today that his move comes after a private investigation by law firm Herbert Smith Freehills late last year.
