News Articles

25 Apr 2011

Arafura in voluntary administration

ASX-listed pearl farming and managed investments company, Arafura Pearls Holdings has been placed into voluntary administration by its directors after failing to secure a standstill agreement with its lenders.

07 Apr 2011

Management upheaval at Arafura Pearls

Australian South Sea pearls producer Arafura Pearls Holdings has undergone some major changes to its board and senior managemen

09 Jul 2010

Arafura bucks downward MIS trend

Perth-based Arafura Pearls has bucked the downward trend in the managed investment scheme (MIS) sector returning a 30 per cent sales increase in 2010.

07 Jul 2009

Arafura MIS applications jump 30%

Shares in Arafura Pearls Holdings have jumped on a 30 per cent increase in managed investment scheme ( MIS) applications for the 2009 financial year.

Special Reports 04 Feb 2009

Watershed for Arafura

AUSTRALIAN south sea pearl producer Arafura Pearls Holdings is preparing for its watershed 100,000 pearl harvest this year, having raised $20 million over the past four years through its managed investment scheme program.

01 Sep 2008

Arafura Pearls announce record profit

Managed investment scheme player Arafura Pearls Holdings Ltd has reported a record net profit after tax of $10.05 million, despite a 50 per cent reduction in MIS sales for the 2008 financial year.

20 Jun 2008

Arafura Pearls raise over $4m via MIS

Subiaco-based Arafura Pearls Holdings Ltd has completed a raising of $4.3 million via its 2008 managed investment scheme.

Financial Services 30 Nov 2007

Arafura Peals raises $1.8m

Arafura Pearls Ltd has raised $1.8 million through the issue of 10,500,000 fully paid ordinary shares in the company at $0.17 per share to a select group of new institutional and high net worth investors.

03 Aug 2007

Forrest steps down from Arafura chair

Bell Potter Securities' corporate finance director Mark Ceglinski has been appointed chairman of Subiaco-based Arafura Pearls Holdings Ltd, replacing Fortescue Metals Group chief executive Andrew Forrest, the company has announced.

04 Jul 2007

Arafura to manage Arrow's operations in pearling JV

Subiaco-based Arafura Pearls Holdings Ltd will manage the Beagle Bay pearling operations of North Fremantle-based Arrow Pearl Co Pty Ltd after signing a joint venture agreement with the company.

17 May 2007

Arafura Pearls lifts MIS sales by 228% to $10.5m

Subiaco-based Arafura Pearls Holdings Ltd has increased sales at its 2007 pearl farming project to $10.5 million, up 228 per cent on the previous year's managed investment scheme sales.

11 Dec 2006

Arafura closes IPO, buys $3m pearl farm

Subiaco-based Arafura Pearls has closed its $4 million IPO and gone ahead with the $3 million acquisition of pearl farm close to its exisiting Northern Territority operations.

21 Nov 2006

Arafura float part of pearling shift

After spending eight years and $33 million developing its pearl farming business in the Northern Territory, Perth company Arafura Pearls is hoping it is finally ready to deliver profitable returns.

21 Mar 2006

Arafura forced to raise more capital

Perth company Arafura Pearls' plans of becoming a profitable pearl producer have suffered a big setback, with the company forced to raise extra capital to help it recover from cyclone damage and to reduce its debts.

07 Dec 2004

Arafura targets growth and $8m

PEARL producer Arafura Pearls has launched a rights issue to raise $8.1 million so it can acquire an adjoining property and double its production quota

News Articles for Arafura Pearls Holdings

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