The Federal Court has dismissed another claim from Cape Australia Holdings, which, on this occasion, was seeking relief from nine former employees who left Cape's PCH Group to start rival scaffolding company, Modern Access Services.
UK-based industrial services company Cape PLC has withdrawn from discussions surrounding a potential takeover bid for Malaga-based scaffolding and form-work supplier PCH Group Ltd, saying it had been unable to have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.
Malaga-based scaffolding and form-work supplier PCH Group Ltd has confirmed it received a 90 cents-per-share takeover proposal, and that the offer merited further discussion.
Shares in Malaga-based scaffolding and production equipment supplier PCH Group Ltd have risen 12.8 per cent this morning after the company posted a half year net profit of $11.9 million, a 121 per cent increase over the previous corresponding period.
A FORM of circular scaffolding designed by Western Australia-based scaffolding and framework services company PCH is leading to savings for mineral processors and refiners.PCH Group director of major
14 Dec 2004
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