Engineering business VEEM is forecasting strong growth in revenue in the current financial year but a fall in profit, the family owned company has disclosed in the prospectus for its $25 million initial public offering.
Resource Capital Funds is set to emerge with a near 30 per cent stake in Vimy Resources when the uranium company completes a $22 million capital boost to fund ongoing work at its Mulga Rock project in the eastern Goldfields.
Today's news that the Australian Competition and Consumer Commission will allow Seven West Media to merge The West Australian with News Corporation's The Sunday Times newspaper should come as no surprise - consumers have been losing interest in both for some time.
Eden Energy today announced plans to raise a further $15 million to support the commercial roll-out of its innovative concrete additive product, having tapped investors for $10.3 million in May this year.
Perth entrepreneur Mark Lapins is aiming to defy waning investor interest in tech startups, announcing plans for a backdoor listing that values his 'internet of things' firm, Quantify Technology, at $22 million.