Emerson to conclude $8m IPO in June
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Friday, 30 May, 2008 - 11:14
Resource, energy and infrastructure project developers, Emerson Stewart, is set to conclude fundraising for its $8 million IPO on June 6.
The company, who yesterday announced the appointment of Rod Smith as its Chief Financial Officer, will see co-founders Dario Amara and Angelo Dabala as the driving executive forces behind the Company.
David Richardson and Jamie Cullen, who recently joined the board of Repcol Ltd, will join the company at a non executive level with Steven Cole as independent chair.
The initial public offering involves the issue of 40 million shares at a price of 20 cents each, with the funds intended for acquisitions, growth development and additional working capital.