Van Dairy farm animal welfare conditions deteriorating after China s Moon Lake Investments takeover theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
US investor frustration boils over
Some of Americaâs biggest companies have called on the Foreign Investment Review Board to change its culture from one of saying âno you canât â¦unless we say soâ to one of âyes you can⦠subject toâ.
Mar 18, 2021 â 12.00am
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When it comes to bouquets and brickbats it is rare to see a brickbat as formidable as the one that just hit the Foreign Investment Review Board chairman David Irvine.
It was lobbed at him by the American Chamber of Commerce in Australia (AmCham), PwC Australia, and representatives of United States companies with a combined market value of about $US3.5 trillion ($4.5 trillion).
17 March 2021 | 07:48am
StockMarketWire.com - Mining group Red Rock Resources noted that Jupiter Mines, of which it holds an under 1% stake, had announced a delay to May if the expected IPO of iron ore spin-out Juno Minerals.
Red Rock also said its Australian joint venture with Power Metal Resources had been awarded another two licences and was on track with its initial public offering. Jupiter had to alter its listing timetable for Juno due to a compliance issue with one overseas shareholder in relation to its obligations under the Foreign Acquisitions and Takeovers Act 1975 of Australia and its implementing regulations, chief executive Andrew Bell said
Negative market sentiment drags down AC Energy stock bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
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March 11, 2021 | 12:10 am
ARRAN Investment will subscribe to four billion primary shares through a private placement at P2.97 apiece. ACENERGY.COM.PH
AN AFFILIATE of Singapore firm GIC Pte. Ltd. will be investing P11.88 billion in AC Energy Corp. (ACEN) for a 17.5% ownership stake in the local firm, the Ayala-led company said in a regulatory filing on Wednesday.
ACEN said that Arran Investment Pte. Ltd. would be subscribing to four billion primary shares through a private placement at P2.97 apiece.
The investment is subject to two pre-closing conditions, namely: ACEN’s completion of its stock rights offering of 2.27 billion shares at P2.37 apiece; and the issuance by the Treasurer of the Commonwealth of Australia or his delegate of a notice of no objection under the Foreign Acquisitions and Takeovers Act 1975 with respect to Arran and the AC Energy and Infrastructure Corp. (ACEIC) “international transaction.”