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Articles by Tempo Australia
Zenith Energy in $150m takeover
Zenith's Hamish Moffat (left) and Doug Walker. Photo: Attila Csaszar facebook twitter linkedin print Zenith Energy has entered a scheme implementation deed with Pacific Equity Partners, under which the company will be bought for $1.01 per Zenith share. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month. Login (existing subscribers) Username/Email * Password * The password field is case sensitive.
VEEM opens new gyro facility
The VG1000 SD will be installed into Damen’s Fast Crew Supplier FCS 7011. facebook twitter linkedin print Marine technology company VEEM has today launched a new gyrostabiliser and a facility with the capacity to produce over $100 million worth of gyros a year to cater for an anticipated uptick in demand. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Gage Roads takes earnings hit on sales shortfall
John Hoedemaker is confident Gage Roads' H1 sales shortfall will not be a recurring issue. Photo: Attila Csaszar facebook twitter linkedin print Gage Roads Brewing Co has taken a half-year profit hit after sales of its Good Drinks brands at national chains dipped by 25 per cent, but the Palmyra-based brewer says the sales shortfall is a temporary issue. To read more, please Login below or Subscribe. For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Gage Roads fizzes on soft earnings result
Gage Roads says it is on track to complete its packaging line, cold store and warehouse expansions. Tuesday, 4 February, 2020 - 11:20 facebook twitter linkedin print Gage Roads Brewing Company shares have lost a bit of fizz with the WA company's stock plunging to a more than two-year low after it flagged a shortfall in sales was likely contribute to a full-year guidance miss. To read more, please Login below or Subscribe.
Zenith recovers from large shortfall
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$422m bid for Pacific Energy
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Pacific in trading halt amid takeover offer
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Pacific wins Jaguar contract
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Tempo names Dalgleish as CEO
Paul Dalgliesh has been appointed as the chief executive of Tempo Australia, and William Howard will also join the struggling contractor as its chief financial officer.
Tempo optimistic of solar cost blowout solution
Tempo Australia has emerged from a one-and-a-half month trading halt to announce it has agreed terms in principle with Enel Energy that will potentially prevent a cost blowout at a major solar contract.
Tempo appoints Dalgliesh amid possible solar cost blowout
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Tempo board exodus continues as MD quits
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Seafarms to raise up to $24m
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Tempo wins up to $30m in Woolies work
Tempo has secured a contract with Woolworths estimated to be worth between $20 million and $25 million over a three-year term, with a scope for more works over the contract term worth about $5 million.
Tempo shares slump 20% on 2018 results
Shares in Tempo Australia have closed the day’s trade at 10 cents each, a fall of 20 per cent, after the contractor announced it was $4.5 million in the red for the year to December.
Corporate finance deals Oct 22 to 26 2018
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Board turmoil at Tempo
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Board changes at Tempo
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Matrix shares rise on $15.3m contract win
Shares in Matrix Composites & Engineering have jumped 16 per cent today to trade at 43 cents each, after the Henderson-based oil and gas services company announced it had won a $15.3 million contract.
DTI signs $19m contract
Perth-based tech company DTI Group has finalised a $19.1 million contract with manufacturing joint venture Alstom Ubunye to supply passenger information systems for nearly 600 trains in South Africa. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Tempo to acquire Comsite
Tempo Australia has announced it will acquire NSW-based telco company Comsite Services in a deal worth up to $4 million.
Tempo secures $6m CBH contract
Tempo Australia has been awarded a $6 million contract with CBH Group to upgrade its grain handling facilities across Western Australia.
Tempo secures $8m CBH contract
Tempo Australia has been awarded a $6 million contract with CBH Group to upgrade its grain handling facilities across Western Australia.
Lynass to lead Tempo
Perth-based contractor Tempo Australia has appointed former Bis managing director Ian Lynass as its chief executive, replacing Max Bergomi after two years in charge.
Valmec locks in $7m of contracts
Engineering and construction group Valmec has secured new contracts in the gas and infrastructure sectors worth $7 million, including work for APA Group at its Yamarna gas pipeline facility. To read more, please Login or Register below
Valmec in $5m raising
Engineering and construction group Valmec has tapped investors for $5.1 million through a strongly supported share placement that will strengthen the company’s balance sheet. The placement received strong demand from institutional and sophisticated investors with 20 million shares issued at 25 cents each. To read more, please Login or Register below
Valmec buys APTS
Local engineering and construction group Valmec has announced it will purchase Henderson-based specialist pipeline testing company APTS, which was recently put into receivership. Under the agreement, Valmec will acquire APTS’ plant and equipment, around $5 million of service contracts and the company’s 55 employees. To read more, please Login or Register below
Valmec awarded $30m contracts
Energy and infrastructure contracting group Valmec has secured $30 million in new construction contracts, including a 4 kilometre gas pipeline at Dacian Gold’s Mt Morgan project. Valmec will work for APA Group on the construction of the Mt Morgan gas pipeline and has also been awarded another contract with APA for the construction of a compressor station. The station will be built at APA’s Murrin Murrin facility on the Goldfields gas pipeline in Western Australia.
Tempo buys electrical engineer
Tempo Australia has announced the acquisition of NSW-based electrical engineering company KP Electric for up to $10.1 million. ASX-listed Tempo will pay an initial $6.8 million in cash to acquire KP Electric, plus a further $3.3 million subject to the achievement of certain milestones. The acquisition price represents an EBITDA multiple of 2.5x. To read more, please Login or Register below
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