Agribusiness and automotive components supplier Futuris Corporation will begin trading on the Australian Securities Exchange (ASX) on Thursday under the old Elders name.
Perth based Amcom Telecommunications has cleared a major overhang from its share register after Futuris Corporation agreed to sell its 50 per cent stake to a range of institutional investors.
While technically a South Australian company ever since taking the national rural giant Elders, Adelaide-based Futuris Corporation Ltd is a company I’ve always watched – albeit at a distance lately.So
Adelaide-based Futuris Corporation Ltd today announced its intention to compulsorily acquire West-Perth based company Integrated Tree Cropping Ltd, after attaining a relevant interest in 93 per cent of the company.
Perth-based agribusiness cooperative CBH Group has ventured into the South Australian market through a marketing venture with agribusiness company Elders.
THE current reporting period is of particular interest to the novice investor, with company results bringing all sorts of market response. Recently, two companies with a strong WA flavour have reported with opposite reactions on the sharemarket.
FUTURIS Corp has been forced to make special arrangements for several hundred WA shareholders who missed out on a special allocation in fancied float Australian Agricultural Co.
31 Jul 2001
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