Company Updates

Ringfence Capital Fund offers investors exposure to several attractive sectors in the same investment: retail property and supermarkets in the fastest growing regions of Australia. The Perth-based fund is seeking around $20 million from investors in its first tranche, which is to acquire three regional IGA supermarkets in WA and centralise their back office management […]

Diabetes treatment developer AIMEDICS has announced the first use of the company’s HypoMon product in the UK involving 2 young people with type 1 diabetes who have successfully used it during August 2012. AIMEDICS has developed a non-invasive sleep alarm system initially for people between 10 and 25 years of age with type I diabetes. […]

Commercial property is an attractive investment in the current market and the Benlee Property Trust No 5 is offering a unique unit trust comprising the best of Brisbane and Sydney property. Benlee is in the capital raising phase for its $15.25 million Trust #5, which comprises two modern warehouse estates in the Brisbane industrial areas […]

Vocus Communications Ltd. (ASX:VOC) today announced it has renegotiated its historical IRU supply agreements and purchased additional capacity on the Southern Cross Cable quadrupling capacity between Australia and New Zealand to the USA. —— To view the full article, please click here. To know more about Vocus Communications Limited, please click here.

The first wave of companies is beginning to take advantage of the government’s recently installed R&D Tax Incentive, with Phylogica (ASX:PYC) lodging an application to recoup $1.9 million in research and development costs. Innovation Australia has approved the registration of Phylogica’s application for the tax rebate on R&D drug discovery activities based on its portfolio […]

Cobar Consolidated Resources Limited (ASX:CCU) announced today a number of initiatives to bolster its working capital position and bring forward a number of development options. The development options include installation of a crushing circuit and an expansion feasibility study. The Company also proposes to accelerate its exploration program. These three initiatives are expected to cost […]

Australian based resource company Sprint Energy Limited (ASX: SPS) (“Sprint” or the “Company”) is pleased to announce it has have entered into an option agreement (“Option”) with Terra Ltd (“Terra”) to acquire up to 75% equity interest in Terra, who is the 100% holder of the highly prospective license Block 95-3 (the “Project”) in the […]

Folkestone (ASX:FLK) is pleased to announce that it has completed the acquisition of Austock Group Limited’s (ASX:ACK) property funds management business (Austock Property). Folkestone has purchased 65.0 per cent of the business for $7.15 million with the remaining 35.0 per cent to settle for $3.85 million on 30 September 2013 unless settlement is accelerated. Austock […]

Australian Education Trust (“AET or the Trust”) (ASX:AEU), notes the announcement made today by Folkestone (ASX:FLK) that has completed the acquisition of Austock Group’s property funds management business platform. Austock Group will retain a minority interests in the business for up to 12 months. The property funds management business platform acquired by Folkestone includes Austock […]