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ASX300 News Digest

25 May 2018

11:51 | KAR

Karoon Gas Australia Announces ANP Approves Declaration of Commerciality

Karoon Gas Australia announced that it has received approval from the ANP for the Neon (Echidna) and Goia (Kangaroo) Declaration of Commerciality. In relation to the Kangaroo and...

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11:44 | TOX

Tox Free Solutions Announces Implementation of Scheme of Arrangement

Tox Free Solutions announced that the scheme of arrangement between the Company and its shareholders, which was approved by Toxfree shareholders on 3 May 2018 and became legally...

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10:20 | WES

Wesfarmers Agrees to Divest the Homebase Business

Wesfarmers announced it has agreed to divest the Homebase business in UK and Ireland to a company associated with Hilco Capital. Under the terms of the agreement, the buyer will...

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09:45 | CHC

Charter Hall Group Prices 10 Year Financing

Charter Hall Group announced that it has priced a A$231.5m US Private Placement (USPP) which will mature in August 2028. The Notes were issued with a fixed US$ coupon which has been...

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09:44 | ASL

Ausdrill Notes the Signing of Mining Services Contract with SEMAFO

Ausdrill noted the signing of a mining services contract by African Underground Mining Services(AUMS), which is a JV between the Company and Barminco Holdings, with SEMAFO in...

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09:32 | RIC

Ridley Corporation Appoints Investec to Explore Options to Accelerate the Growth of Novacq

Ridley Corporation advised that it has appointed Investec to explore options to accelerate the growth of Novacq. Novacq is a novel feed ingredient which in trials has demonstrated...

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09:28 | SYD

Sydney Airport Announces Dividend for the Period Ended 30 June 2018

Sydney Airport announced an unfranked dividend of 18.5 cps for the period ending 30 June 2018, with a record date of 29 June 2018 and a payment date of 14 August 2018. The Company's...

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09:20 | SYD

Sydney Airport Provides Chairman's and CEO's Addresses to AGM

Sydney Airport provided Chairman's and CEO's Addresses to AGM. It reported that it generates $38bn of economic activity each year. The Company have 31,000 jobs on the airport, and...

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09:14 | EPW

ERM Power Affirms Australian Business Outlook and Provides Update on US Outlook

ERM Power affirmed the previously stated outlook provided on 22 February 2018 for its Australian operations with Retail, Generation and Energy Solutions all performing positively...

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09:12 | FMG

Fortescue Metals Group Announces Repayment of US$160m of 2022 Senior Secured Notes

Fortescue Metals Group issued a voluntary redemption notice of US$160m in relation to the remaining balance of the 9.75% Senior Secured Notes due in 2022 (the Notes), which will be...

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08:20 | INM

Iron Mountain Announces Dividend

Iron Mountain announced an unfranked dividend of 58.75 cps for the period of one quarter ending 30 June 2018, with a record date of 15 June 2018 and a payment date of 16 July 2018....

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08:19 | SFR

Sandfire Resources Provides Doolgunna Project Exploration Update

Sandfire Resources advised that Down-hole Electromagnetic surveying (DHEM) has commenced at the Morck's Well Project, part of its Farm-in with Auris Minerals (Auris) and Fe. Morck's...

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08:19 | RSG

Resolute Mining Provides Exceptional Drilling Results

Resolute Mining announced further exceptional drilling results from the ongoing exploration program at the Tabakoroni Project (Tabakoroni) located 35 km south of the Syama Gold Mine...

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07:30 | SPK

Spark New Zealand Confirms Acceleration of Quantum Programme and Provides Updates of FY 2018 Guidance

Spark New Zealand announced that it will be accelerating its Quantum performance improvement programme to realise financial benefits earlier than previously envisaged. As outlined...

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24 May 2018

16:27 | WHC

Whitehaven Coal Announces Acquisition of Remainder of Winchester South Project

Whitehaven Coal announced that it has entered into an agreement to acquire the remaining 25% interest in the Winchester South metallurgical coal project. The Company updated that it...

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14:09 | VVR

Viva Energy REIT Announces Refinance of Bank Debt

Viva Energy REIT announced the refinance of $836.7m of unsecured syndicated bank debt. The Company updated that its debt refinance terms included 1.70% of Margins over BBSW with...

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11:30 | WFD

Westfield Corporation Announces 2018 AGM Addresses

Westfield Corporation announced 2018 AGM Addresses stating its merger with Unibail-Rodamco. The Company updated that in 1979 it separated their business and created two separate...

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10:50 | WFD

Westfield Provides Chairman's Addresses Regarding Demerger of OneMarket

Westfield provided Chairman's addresses regarding demerger of OneMarket. It is proposing to demerge OneMarket for two primary reasons. First, it provides the opportunity for...

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10:04 | ISD

iSentia Group Announces Regarding Appointment of Executive Chairman

Isentia Group announced that Doug Snedden will become Executive Chairman effective immediately. MD and CEO John Croll, who announced his resignation in February 2018, will step down...

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09:43 | AWC

Alumina Provides Chairman's and CEO's Speeches to AGM 2018

Alumina provided Chairman's and CEO's speeches to AGM 2018. The share price is two dollars sixty cents. It has paid a dividend in each of the last 4 years and for the 2017 year has...

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09:43 | WFD

Westfield Provides Chairman's Addresses Proposed Transaction with Unibail

Westfield provided Chairman's addresses proposed transaction with Unibail. To that end, since 2010 the Company has completed $7bn of developments - almost exclusively on Flagship...

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09:21 | RWC

Reliance Worldwide Corporation Provides Media Release

Reliance Worldwide Corporation announced that it has entered into an unconditional agreement to acquire all the issued shares of John Guest Holdings for A$1.22bn reflecting a 12.4x...

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09:20 | RWC

Reliance Worldwide Corporation Provides Investor Presentation

Reliance Worldwide Corporation provided investor presentation. It has entered into an unconditional agreement to acquire John Guest Holdings for A$1.22bn with completion to occur in...

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09:14 | ORG

Origin Energy Enters into an Agreement to Sell Acumen for $267m

Origin Energy entered into an agreement to sell its metering business, Acumen, for $267m to intelliHUB, a company to be jointly owned by Pacific Equity Partners and Landis+Gyr. It...

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09:06 | CIM

CIMIC Group Announces Leighton Asia Wins A$380m Transport Infrastructure Works

CIMIC Group announced that it has been selected by Singapore's Land Transport Authority to deliver a A$540m tunnel and infrastructure contract (N103 contract works), as part of the...

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08:44 | ALL

Aristocrat Leisure Provides 2018 Half Year Media Release

Aristocrat Leisure provided 2018 half year media release. EBITDA increased more than 28% in reported terms and 32% in constant currency, demonstrating its ability to grow top line...

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08:44 | SKI

Spark Infrastructure Group Provides Chairman's and MD's Presentation

Spark Infrastructure Group provided Chairman's and MD's presentation. On a more positive note, for the 2017 year, the Directors declared a final distribution of 7.625 cents per...

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08:40 | RWC

Reliance Worldwide Corporation Announces Regarding Acquisition of John Guest and Equity Raising

Reliance Worldwide Corporation announced that it has entered into an unconditional agreement to acquire all the issued shares of UK based global fittings manufacturer, John Guest...

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08:40 | ORE

Orocobre Announces Regarding Cauchari Resource Upgrade

Orocobre announced an updated resource estimate for the Company's Cauchari JV Project in Jujuy, Argentina based on the Phase II drilling results. The update, prepared by...

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08:28 | RWC

Reliance Worldwide Corporation Trading Halted, Pending Company Announcement

The securities of Reliance Worldwide Corporation will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading...

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07:33 | AIA

Auckland International Airport Provides Monthly Traffic Update - April 2018

Auckland International Airport provided monthly traffic update for April 2018. Auckland Airport experienced total passenger growth of 2.8% in April 2018. International passengers...

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23 May 2018

18:35 | WBA

Webster Announces Dividend of A$0.09 for the Year Ended 31 March 2018

Webster announced an unfranked dividend of A$0.09 for the year ended 31 March 2018 with a record date of 7 June 2018 and payment date of 27 June 2018. The Company does not have a...

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17:59 | WBA

Webster Reports Half-Year Results to 31 March 2018

Webster reported its financial results for the 6-month period ended 31 March 2018. The Company updated that net profit after tax was of $3.8m while revenue and other income was of...

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16:50 | MTR

Mantra Group Provides Update on Dividend/Distribution

Mantra Group updated a fully franked special dividend of A$0.16 with a record date of 25 May 2018 and payment date of 30 May 2018. The Company further updated regarding lodgment of...

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16:43 | MTR

Mantra Group Suspends from Official Quotation

The securities of Mantra Group will be suspended from quotation at the close of trading on 23 May 2018 under Listing Rule 17.2, following lodgment of the Federal Court of Australia...

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16:32 | MTR

Mantra Group Announces Federal Court Approves Scheme of Arrangement

Mantra Group announced that the Federal Court of Australia has made orders approving the scheme of arrangement under which all the Company shares will be acquired by AAPC. The...

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10:04 | SLK

Sealink Travel Group Responds to Report Regarding A Potential Change Of Control Proposal

SeaLink Travel Group announced that it refers to a media report in the Australian Financial Review that it has received a proposal regarding a potential acquisition of the Company....

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09:26 | AYS

Amaysim Australia Responds to Price Query

Amaysim Australia responded to an ASX share price query stating that it is not aware of any information which, if known, could be an explanation for the recent trading in its...

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09:18 | BDR

Beadell Resources Announces Regarding Two New Gold Discoveries at Tucano

Beadell Resources announced that mine lease exploration drill program has resulted in two new gold discoveries in the Urucum and TAP AB reserve pits. Near mine exploration continues...

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09:01 | GSC

Global Geoscience Completes Phase 1 of Rhyolite Ridge PFS

Global Geoscience announced the results of the first phase of the Pre-Feasibility Study (PFS) for the 100%-owned Rhyolite Ridge Lithium-Boron Project in Nevada, USA. The critical...

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09:00 | CBA

Commonwealth Bank of Australia Announces Regarding Sale of Equity Interest in BoComm Life

Commonwealth Bank announced the sale of its 37.5% equity interest in BoComm Life Insurance Company to Mitsui Sumitomo Insurance (MSI) for RMB 3.2bn ($668m) (the Transaction). The...

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08:30 | SYR

Syrah Resources Signs Bam Site Purchase Agreement

Syrah Resources announced that it has signed a purchase agreement for an industrial site for its Battery Anode Material (BAM) development in Vidalia, Louisiana. This is the next...

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08:28 | SRX

Sirtex Medical Responds to Varian Release on CDH Competing Bid

Sirtex Medical noted that Varian Medical Systems (Varian) release to the New York Stock Exchange, in which Varian indicated that it will not be submitting a counterproposal to the...

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08:27 | AAC

Australian Agricultural Company Announces 2018 Full Year Results.

Australian Agricultural Company announced its 2018 full year results. As flagged in the Company's Trading Update on 4 April 2018, the results include Operating EBITDA of $13.6m and...

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08:27 | AAC

Australian Agricultural Company Announces 2018 Full Year Results

Australian Agricultural Company announced its 2018 full year results. The results included Operating EBITDA of $13.6m and Statutory EBITDA loss of $35.3m. The Company's reported...

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08:23 | RIO

Rio Tinto Provides Update on Grasberg

Rio Tinto provided update on Grasberg. The Company notes that reports of the potential purchase by PT Indonesia Asahan Aluminium (Persero) (Inalum) of its entire interest in the...

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22 May 2018

19:03 | STO

Santos Rejects Harbour Proposal and Terminates Discussions

Santos announced to receive a conditional binding offer from Harbour Energy to acquire 100% of the Company shares by way of a scheme of arrangement at a cash price of US$5.21 per...

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17:59 | SRX

Sirtex Medical Announces Receiving Binding Offer from CDH

Sirtex Medical advised that following a period of due diligence by CDH Investments, it has received an offer capable of acceptance from CDH Genetech for the acquisition of all the...

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16:09 | PLG

Propertylink Group Provides Leasing Update

Propertylink Group announced the leasing of a key expiry in the industrial portfolio and signing an agreement with New Age Caravans. The Company provided an update on leasing...

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10:20 | SRX

Sirtex Medical Trading Halted, Pending Company Announcement

The securities of Sirtex Medical will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 24 May 2018...

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10:01 | APO

APN Outdoor Group Provides Adshel Acquisition Proposal Update

APN Outdoor Group announced that it refers to its ASX announcement of 21 May 2018, media speculation and enquiries from the ASX in relation to a potential transaction involving the...

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09:41 | APT

Afterpay Touch Group Announces Regarding Sale of Shareholdings by Executive Directors

Afterpay Touch Group advised by Executive Directors Anthony Eisen, Nicholas Molnar and David Hancock that they have each sold a small portion of their respective shareholdings in...

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09:16 | AJM

Altura Mining Provides Commissioning Update

Altura Mining announced the completion of the first stage of the commissioning for its 100% owned flagship Altura Lithium Project. Its dedicated commissioning team has completed wet...

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08:29 | TNE

Technology One Announces Half Year Results

Technology One announced half year results. Total Annual Recurring Revenue is on track to reach $173m in 2018, representing 55% of its Total Revenue. The Company is forecasting...

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08:27 | HSO

Healthscope Provides Update on Acquisition Proposals Property Strategic Review

Healthscope announced that it has decided not to provide due diligence access to either the BGH - AustralianSuper Consortium or Brookfield. It also announced that it will undertake...

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08:25 | HSO

Healthscope Announces Regarding Outcomes of Portfolio Review and Provides Updated Earnings Guidance

Healthscope announced that it has completed the previously announced review of its portfolio of 45 hospitals. The review concluded that the Company is well placed to take advantage...

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08:22 | DCN

Dacian Gold Provides Infill Drilling Results From Cameron Well

Dacian Gold announced shallow and deeper drilling results which confirm the growing potential of the Cameron Well discovery at its 100% owned Mt Morgans Gold Project, located 25 km...

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08:20 | SEH

Sino Gas & Energy Holdings Announces Regarding First Linxing ODP Approved

Sino Gas amp; Energy Holdings announced that its JV company, Sino Gas amp; Energy (SGE) has received approval for the first Linxing Production Sharing Contract (PSC) Overall...

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21 May 2018

18:42 | APO

APN Outdoor Group Announces Adshel Acquisition Proposal

APN Outdoor Group announced that it has submitted a confidential, indicative and non-binding proposal to acquire 100% of Adshel in Australia and NZ wherein Cadence Advisory is...

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18:39 | IMF

IMF Bentham Advises on US Fund 1 - Case Completion

IMF Bentham announced the receipt of $3.6m of funding commission following the settlement of a case funded in the US. The Company confirmed that Fund 1 has received revenue from...

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16:53 | BWX

BWX Announces to Receive Potential Indicative Proposal

BWX announced that it has received an unsolicited preliminary, non-binding, indicative and conditional proposal from John Humble (CEO and MD) and Aaron Finlay (Finance Director) in...

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13:47 | TCL

Transurban Group Announces Distribution for the Six Months Ending 30 June 2018 and AGM

Transurban Group announced that a distribution totalling 28.0c per stapled security will be paid for the six months ending 30 June 2018. This will be made up of a 25.5c distribution...

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13:17 | JHC

Japara Healthcare Provides Riviera Health Acquistion Update

Japara Healthcare announced that it has completed the acquisition of the Riviera Health portfolio in NSW on 1 April 2018, which included four operating residential aged care homes...

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11:57 | HT1

HT&E Announces Non-Binding Indicative Offers Received for Adshel

HTamp;E announced that it has received non-binding indicative offers to acquire the Company's out-of-home division, Adshel. The Company updated that it has already appointed...

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09:55 | WOR

WorleyParsons Announces Regarding Neptune Energy Awards Offshore Tie-Back Contract

WorleyParsons announced that it has been awarded an offshore engineering, procurement, construction, installation and commissioning (EPCIC) contract by Neptune Energy. The 3-year...

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09:50 | STO

Santos Advises on Revised Harbour Energy Proposal

Santos advised that on 21 May 2018 it received a revised binding, conditional proposal from Harbour Energy Australia to acquire 100% of its shares by way of a scheme of arrangement...

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09:41 | BWX

BWX Trading Halted, Pending Company Announcement

The securities of BWX will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 23 May 2018 or when the...

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09:30 | BDR

Beadell Resources Announces Regarding Mine Corridor Drilling at Tucano Continues to Demonstrate Continuity of High Grade Shoots

Beadell Resources reserved pit infill and resource delineation drill programs continue to demonstrate the organic growth potential of Tucano's reserves. Infill drill results from...

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09:17 | SGF

Sg Fleet Group Announces Regarding WA Government Fleet Management Services

Sg Fleet Group noted that the WA Government recently retendered its fleet management outsourcing arrangements, opting to move from a panel to a sole supplier structure. As a result,...

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09:07 | SFR

Sandfire Resources Provides Exploration Update

Sandfire Resources advised that the planned RC drill program has commenced at the Morck's Well Project, part of its Farm-in with Auris Minerals and Fe. The Morck's Well Project is...

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08:40 | VOC

Vocus Group Announces Regarding Appointment of Group MD, CEO and New Executive Director

Vocus Group announced the appointment of Kevin Russell as its Group MD amp; CEO, with a commencement date of 28 May 2018. In addition to Mr. Russell joining the Company's Board,...

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08:37 | WTC

Wisetech Global Issues $100m in Shares to a Global Institutional Investor

WiseTech Global announced the issue of $100m in shares to a single global institutional investor. Under the terms of the transaction agreement, 7,560,153 Company's ordinary shares...

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08:28 | AGL

AGL Energy Completes Assessment of Offer from Chow Tai Fook Enterprises and Alinta Energy

AGL Energy received an unsolicited, non-binding, highly conditional indicative offer from Chow Tai Fook Enterprises and Alinta Energy to acquire the Liddell Power Station,...

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07:30 | SKC

SkyCity Entertainment Group Provides Adelaide Casino Expansion Project Update

SkyCity Entertainment Group provided Adelaide Casino Expansion project update. The main construction works to commence by end of FY 2018, with completion expected in 1H 2021. The...

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18 May 2018

17:17 | IEL

IDP Education Announces Mantra Group to be Removed from SP/ASX Indices

IDP Education advised that Samp;P Dow Jones Indices announced that it will remove Mantra Group from the Samp;P/ASX 200, subject to final court approval of the scheme of arrangement...

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17:11 | SKI

Spark Infrastructure Group Releases TransGrid AER Final Regulatory Determination 2018 - 2023

Spark Infrastructure Group noted that the Australian Energy Regulator (AER) has released its Final Decision for the next five-year regulatory period for TransGrid, in which the...

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12:39 | MTR

Mantra Group Announces Fully Franked Special Dividend of A$0.1600

Mantra Group announced a fully franked special dividend of A$0.1600. The record date of the dividend is 25 May 2018 and payment date is 30 May 2018. The Company does not have a...

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12:20 | CIM

CIMIC Group Announces UGL Secures $139M in Maintenance Service Contracts

CIMIC Group announced that UGL has secured new maintenance, project and shutdown services contracts in the resources sector with a combined value of $139m. The new maintenance and...

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11:42 | BDR

Beadell Resources Announces Tranche 1 of Capital Raising Completed

Beadell Resources advised that the first tranche of the capital raising has been completed. Tranche 1 included the issue of 73,840,220 units of the Company, resulting in the...

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09:33 | APX

Appen Provides CEO Presentation

Appen provided CEO presentation. The Underlying EBITDA is $28.1m up 62%, statutory EBITDA up by 29%. The Underlying NPAT is $19.7m up by 86%. The Underlying EBITDA margin...

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09:25 | IVC

InvoCare Provides Chairman's Address to Shareholders in AGM

InvoCare provided Chairman's address to shareholders in AGM. The H1 Operating EBITDA Forecast is 12% year on year decline with more than half as a result of new operational and...

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09:06 | FBU

Fletcher Building Announces Regarding Notice of Issue of Shares in Relation to Capital Raising

Fletcher Building announced that it hereby notifies that it will issue 47,806,197 new ordinary shares in the Company (New Shares) to certain of its retail shareholders and eligible...

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09:00 | WFD

Westfield Corporation Announces Approval of Acquisition by Unibail-Rodamco

Westfield Corporation noted that Unibail-Rodamco's Combined AGM took place in Paris. All resolutions submitted for approval by shareholders were adopted, including those related to...

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08:32 | CSL

CSL Lifts Profit Guidance

CSL announced a revised profit outlook for fiscal 2018. The Company expects NPAT for FY 2018 to be in the range of $1,680 to $1,710m USD at constant currency. In February 2018 the...

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08:29 | RIO

Rio Tinto Announces Being Granted AutoHaul Accreditation by Rail Regulator

Rio Tinto announced that it has been granted accreditation by Australia's Office of the National Rail Safety Regulator approving the autonomous operation of trains at the group's...

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08:29 | SYD

Sydney Airport Provides Traffic Performance for April 2018

Sydney Airport provided traffic performance for April 2018. Domestic growth was a robust 3.1% for April 2018 compared to the pcp, driven by a 0.6 percentage point improvement in...

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08:29 | CLW

Charter Hall Long Wale REIT Divests Grace Logistics Facility at Willawong, Brisbane

Charter Hall Long Wale REIT announced the divestment of the Grace Worldwide facility at 420 Sherbrooke Road, Willawong, Brisbane, for a total consideration of $38.73m in line with...

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