Minerals testing business Genalysis Laboratory Services Pty Ltd has joined the large number of private Western Australian businesses to have been sold for a premium price after achieving rapid growth during the current resources boom.
Parking and security player, Wilson Parking, has bought its fourth Western Australian security agency in two years with the purchase of Shelf Security in Dampier, one of the north-west’s largest security agencies.
UK-based industrial services company Cape PLC has withdrawn from discussions surrounding a potential takeover bid for Malaga-based scaffolding and form-work supplier PCH Group Ltd, saying it had been unable to have meaningful engagement with the company.
Queensland-based Platina Resources Ltd has signed a joint venture agreement to search for platinum group metals at the Polar Bear Project, near Norseman, spending $1.3 million over 3 years to earn a 70 per cent interest in the project.
Perth-based junior oil and gas explorer and producer Burleson Energy Ltd has a lodged a prospectus for its $4 million initial public offering to fund its share of a proposed two well drilling program in Texas and the acquisition of additional leases.
Perth-based biotech company Regenera Ltd has changed its name to Advanced Ocular Systems Ltd following its merger with US based refractive devices company Advanced Ocular Systems, Inc. on 30 December 2005.