GR Engineering Services has been suspended from the ASX as the company continues to seek clarity after two major subsidiaries of its client Northern Oil & Gas Australia went into administration on Friday.
KPMG has been appointed as administrator to two subisdiaries of West Perth-based Northern Oil & Gas Australia, with contractor GR Engineering Services going into a trading halt as result of the action.
A private WA company has gained state government approval to develop a floating wharf and onshore terminal at the port of Broome, targeting oil and gas services and cruise ships as its main customers.
The Royal Automobile Club has posted strong full-year revenue and profit figures, but the not for profit also wrote-down the value of two of its business ventures.
Investors have welcomed Austal’s announced that it lifted full-year profit 64 per cent to a record $61.4 million, underpinned by strong revenue from its US Navy programs.
Wellard's full-year loss has widened by 33 per cent to $48.4 million after the cattle exporter was hit by Turkey's halt on live feeder imports and large impairments.
Rich-lister Tim Roberts has achieved a pyrrhic victory against law firm Clayton Utz, after his aircraft leasing business claimed $US37 million ($A54 million) because of negligent advice.
Perth-based logistics and transport company Centurion has signed a binding agreement to purchase K&S Corporation's Regal General Freight arm, which is part of its broader Regal Transport business.
Automotive Holdings Group has suffered a loss of $232.6 million for the 2019 financial year, following major asset write-downs to its automotive and refrigerated logistics businesses during the period.
The state government has shortlisted two proponents to design and build the new Bayswater station, with early construction to commence later in the year.
Cobham Aviation Services said there was keen interest from potential buyers of the company, as it took delivery of its newest aircraft in Western Australia.
Takeover target Automotive Holdings Group will pursue the sale of its refrigerated logistics business after a strategic review found it had overstated revenue in the underperforming unit.
Austal has secured a $US23 million ($34 million) contract with the US Department of Defence, and addressed media reports of a possible Philippines expansion.
The state government’s Westport taskforce has concluded that all container shipping should be moved out of Fremantle to a new land-backed port in Cockburn Sound, to be built at a cost of about $4 billion.
Rhinohide is seeking to raise up to $500,000 via equity crowdfunding platform Equitise, after raising $791,000 from private investors earlier this year, as the vehicle protection panel business looks to launch in the US.
Infrastructure Australia has dramatically scaled down the expected cost of road congestion in Perth, mainly because of lower population growth, but has warned about the impact of continued urban sprawl.
Trucking company CTI Logistics has foreshadowed a marginal profit for the latest half-year, saying weak economic conditions particularly in Western Australia had resulted in significant reductions in activity and increased margin pressure.
Nearly 30 hectares of Black Cockatoo foraging habitat and three priority wetlands will be impacted by the Thornlie-Cockburn link rail project, according to environmental documents.
