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The deal will see Golden Egg Farms’ 26,642 square metre site on Leach Highway turned into 254 medium density apartments.

Finbar strikes Palmyra deal

The owners of egg producer Golden Egg Farms are set to reap a big profit after striking a deal with apartment developer Finbar Group for a $109 million project in Palmyra.

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BOORAGOON
We would be very interested in this location. We had committed to one of the Alfred Cove Apartments on Kitchener Road Alfred Cove Stage 1. Unfortunately the Plans & Development for the Apartments were withdrawn and did not go ahead.

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Finbar Group (FRI)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
356thFinbar Group16%3%
398thBWP Trust9%11%
564thSwick Mining Services-19%-6%
612thVeris-26%8%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/09/17
$203k Issued
18/04/17
$40k Bought
22/03/17
$43k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

36th-BWP Trust$152.5m
37th↑Swick Mining Services$130.0m
38th↑Finbar Group$125.8m
39th↑Veris$107.9m
40th↓Quintis$97.4m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Finbar Group

84thDarren Pateman$876k
111thJohn Chan$751k
311thRonald Chan$416k
Ranked by total remuneration from all listed WA companies

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