Perth-based plastic tie fastening company Millipede International Ltd has completed a rights issue worth $1.5 million after underwriter Novus Capital subscribed for 85 per cent of shares offered.
Plastic cable fastener maker Millipede has announced strong sales growth in the US, with sales in the four months to October almost double that of the entire 2004-05 financial year.
Millepede's new deal-PERTH-BASED plastic fastener innovation company Millepede International Ltd has signed a third co-label agreement with Black Box Corporation, a global data communications distribu
MILLEPEDE International has commissioned a new production tool for its European subsidiary that is designed to make the production process more efficient.
THE potential to raise public capital proved the deciding factor for the directors of Millepede International when they made the decision last year to base their corporate HQ in Perth.
