Edited announcement

Wangara-based electronic tagging products manufacturer XTAG Australasia Ltd has acquired neighbouring company SEDCO Communications, in a move the company says will increase its footprint in South East Asia.

Perth-based carbon sequestration company CO2 Group Ltd subsidiary CO2 Australia has signed an agreement with the City of Sydney Council to offset their vehicle and contractor fleet carbon emissions.

Parking in City of Perth car parks will rise by up to $2 from July 1, in a move the City ways will enable it to meet rising costs and provide better, more accesssible parking facilities.

West Perth-based Eneabba Gas Ltd has announced plans to raise $1.5 million through a placement, allowing the company to conclude agreements with energy offtakers and commence drilling at its Yarra Yarra uranium, potassium & thorium exploration tenement.

West Perth-based dry welding company Neptune Marine Services Ltd has finalised the acquisition of Texas-based diving contractor US Underwater Services for $17.4 million and a share issue worth around $4.4 million.

Perth-based specialist software developer CCK Financial Solutions Ltd will provide its treasury management system, Guava Suite, to South Australian government agency HomeStart Finance, the company announced today.

Unlisted property fund Multiplex Development and Opportunity Fund has bought a 95 hectare land parcel at Henley Brook for $63.8 million, to be developed as a residential and commercial precinct, near its Vale project.

The takeover bid from Perth-based property developer Axiom Properties Ltd for Queensland's Eumundi Group Ltd has officially lapsed, after the company held only 16.9 per cent of the developer when the bid closed on Monday.

Perth-based gas developer Po Valley Energy Ltd will bid for up to five new gas storage licences in Italy with UK onshore oil producer Star Energy Group plc, the company announced today.