News Articles for Ian Trahar

A prawn farm on Legune Station on the NT-WA border could be back on the cards, after the company behind the problem-plagued asset launch a fresh play.

The company behind the Project Sea Dragon prawn farm near Kununurra will double a debt facility with an entity controlled by a director in an effort to remain solvent and revive the project.

Ian Trahar has moved to take full ownership of environmental services company CO2 Australia, which was demerged from Seafarms Group more than five years ago.

Our board moves wrap includes Richard O'Shannassy, Ian Shackleton, Mick McMahon, and Ian Trahar.

Seafarms Group's executive chair and chief executive Mick McMahon has stepped down from the board two weeks after a major shareholder sought to have him removed.

Seafarms Group's largest shareholder has sought to remove Mick McMahon from the board less than six months after he was appointed executive chair.

Soaring valuations for tech companies and mining stocks have brought major shifts in this year's list of WA wealth creators.

Seafarms Group chair Ian Trahar has stepped down and the board has launched a review of the company's flagship development Project Sea Dragon after a delay in funding arrangements.

Our board moves wrap includes Darryl Cuzzubbo, Peter Sherrington, Stephen Dennis, Jeremy King, Kim Truter, Jack Hamilton, Andrew Harris, Priyank Thapliyal, Peter North, Scott Winter, Emma Scotney, Suzie Foreman, Jessamyn Lyons, Simon Jackson, Yasmin Broughton, Tony Swiericzuk, Peter Thomas, Rebecca Morgan, Mick McMahon, Ian Trahar, Ian Brannan, and Harley Whitcombe.

Aquaculture company Seafarms Group has raised $90 million and is seeking to raise $15 million more to start construction of its black tiger prawn operation, Project Sea Dragon.

The updated WA ‘rich list' shows the state's iron ore magnates are moving far ahead of people who made their money in other industries.

Aquaculture company Seafarms Group has completed a $12.5 million capital raising ahead of the rapidly evolving COVID-19 situation to keep its operations afloat over the next 12 months.

Directors of several Perth-based ASX-listed companies have undertaken substantial share transactions in the past fortnight, with Peter Bradford, Peter Cook and John Welborn among those taking advantage of the trading window after the release of their annual results.

Ian Trahar has taken a larger stake in his listed agribusiness Seafarms Group while the Perth business taps investors for $10 million.

Perth-based Seafarms Group has received firm commitments for a $10 million capital raising to fund ongoing work at its $1.45 billion Sea Dragon prawn aquaculture project in the Northern Territory.

SPECIAL REPORT: For the second year running, the value of shares held by company directors in WA has fallen sharply, though some operators defied the trend.

Local aquaculture firm Seafarms Group has announced plans to raise up to $16.6 million, with major shareholders Ian Trahar and Paul Favretto committing to a large portion of the raising.

Perth-based company Commodities Group has signed an access and option agreement for a 180,000-hectare cattle station, to continue its pursuit of an industrial scale prawn farming operation.

This week, I started posting articles on how BNiQ, our searchable database, can help you delve into Western Australian companies and people in a previously unavailable way.

Western Australian businesses are being drawn to the long-term growth opportunities offered by the aquaculture sector as increasing demand from Asia drives investment.

Kresta Holdings' major shareholder, China-based Aplus, has outlined plans to acquire the Malaga-based company just six months after buying a large interest in the group.

CO2 Group has sacked long-serving chief executive Andrew Grant as it pushes on with its bid to recast the business as an environmental services and aquaculture player.

Ian Trahar's CO2 Group has taken another step towards becoming one of the nation's largest aquaculture players, putting the finishing touches its $11.2 million takeover of Queensland prawn growing

Ian Trahar's takeover bid for Kresta Holdings will close tomorrow, unless it receives enough acceptances to take its interest to more than 40 per cent of the window furnishings company.

Kresta Holdings chairman Peter Hatfull and major shareholder and former chairman Ian Trahar have lost their battle to retain control of the Malaga-based window furnishing company.

Ian Trahar has confirmed he will not increase his takeover offer for window coverings manufacturer Kresta Holdings, even though independent analysis of the bid last week found it neither fair nor reasonable.

Ian Trahar's bid for window furnishings group Kresta Holdings has been dealt a severe blow with an independent expert finding the offer neither fair nor reasonable.

The shape of takeover target Kresta Holdings' shareholder register continues to change, with fund manager Perpetual the latest major investor to reveal its activity in the stock over recent months.

Happy holidays

Hunter Hall Investment Management says Ian Trahar's bid to take over Kresta Holdings significantly undervalues the business and has rejected suggestions it was seeking to take control of the business by ousting key board members.

Kresta Holdings chairman Ian Trahar has launched a $47 million cash takeover bid to take full control over the warring window coverings manufacturer.

Former Liberal senator Ian Campbell is an unlikely eco-warrior but his track record since leaving federal parliament last year definitely has a green tinge, albeit with a very corporate approach.

It might be little more than a historic footnote in corporate Western Australia, but the delisting and privatisation of Avatar Industries Ltd marks the end of an era.