Today's board moves wrap includes Jonathan Downes, David Wood, Shane Volk, Brad Valiukas, Sarah Standish, Mark Wilson, Zac Komur, Ian Davies, Craig Sharpe, David Vilensky and David Fowler.
Robert McEniry, non-executive chair of Automotive Holdings Group (AHG), has resigned from all public company directorships in order to spend more time with his family since the diagnosis of a serio
The board of Finders Resources has been overhauled after Indonesian group Eastern Field Developments increased its stake above 90 per cent in its $177 million takeover of the copper miner, with David Fowler appointed as a director and acting chief executive.
Indonesian group Eastern Field Developments has increased its stake in Finders Resources as the major shareholder pursues a hostile takeover of the copper miner valued at around $177 million.
Finders Resources' major shareholder, Eastern Field Developments, has changed its hostile takeover bid for the copper miner to 'unconditional' status, with the Indonesian consortium continuing to raise concerns about the company's Wetar project.
Finders Resources has received the backing of some high-profile Perth investors in its opposition to a hostile takeover offer, with Euroz's Tim Lyons, billionaire Ralph Sarich and Brettney Fogarty among a list of shareholders to have indicated they will not accept the 23-cents-a-share bid.
Finders Resources' second-largest largest shareholder, Taurus Funds Management, has rejected a 23-cents-a-share bid for the copper miner by Indonesian group Eastern Field Developments.
Finders Resources has urged its shareholders to reject a takeover bid from Indonesian group Eastern Field Developments after independent expert Deloitte valued the copper miner well above the 23 cents offer price, despite Finders' share price continuing to hover near that mark.
An Indonesian consortium has announced its intention to make an off-market takeover bid for copper miner Finders Resources, with the all-cash deal valuing the target at about $177 million.
