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Tom Rudas, who was the founder of AnaeCo, now runs Aurigen.

Thai company buys Perth waste business

Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.

A common link between all three businesses is Tom Rudas, who was the founder of AnaeCo, now runs Aurigen, and is a director of Shenton Energy, the new owner of the Brockwaste plant.

Mr Rudas told Business News it was an unhappy coincidence Aurigen had gone into voluntary administration at the same time Shenton Energy finalised the Brockwaste purchase.

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AnaeCo (ANQ)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
553rdVolt Power Group-20%-8%
574thAnaeCo-25%-34%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/11/15
$0 Other
20/11/15
$0 Other
16/04/15
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

142nd↓AnaeCo$1.2m
143rd-MOKO Social Media$1.2m
145th↑NetLinkz$1.1m
146th↓Volt Power Group$1.1m
233 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from AnaeCo

407thDavid Lymburn$344k
1194thShaun Scott$76k
1195thLes Capelli$76k
Ranked by total remuneration from all listed WA companies

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