ASX Announcements
Application for quotation of securities - ASB
Appendix 2A (Application for Quotation of Securities)
- Nov 18, 2024
- 7 pages
Today
3D printing outfit AML3D in $25m raise via Bells, Shaws
The $87 million market cap company kicked off the $25 million placement on Wednesday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Hanwha walks away from $1b pursuit of ASX-listed shipbuilder Austal
The Korean conglomerate has accused the company of making it impossible to conduct due diligence despite four separate approaches since its first last year.
- Kylar Loussikian
August
Austal heads to debt markets to fund $440m US expansion plans
The only ASX-listed defence shipbuilder needs to finance big growth in Alabama shipyards, where it has a multi-billion dollar order from the US Navy.
- Brad Thompson
Austal fights to keep US Navy work after $35m fraud penalty
The Australian defence contractor accepted a $US24 million fine in a plea deal to avoid criminal prosecution after a long-running American investigation.
- Brad Thompson
July
‘Spurious’ delays deterring foreign investors from Australia
A slew of regulatory setbacks has South Korean investors for the first time viewing Australia as a destination with ‘sovereign risk’ to investment returns.
- Michael Read and Elouise Fowler
June
Field of credible buyers small, says Austal’s departing chairman
Former US navy secretary Richard Spencer will become Austal’s chairman, succeeding John Rothwell, amid a stand-off with suitor Hanwha.
- Brad Thompson
Hanwha settles into Austal cold war as shipbuilder swaps out chairman
The new chairman at ASX-listed shipbuilder Austal also happens to be the chairman of Joe Hockey’s advisory firm Bondi Partners.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Hanwha tussles with Austal board over ‘unfair’ diligence conditions
Austal’s would-be acquirer reckons that its third indicative bid was at least 15 per cent higher than that of Cerberus Capital Management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
- Exclusive
- Defence
Questions surface over fast-tracked $10b warships
Shipbuilders have been given just three weeks to outline their opening pitch to build new frigates for the navy.
- Andrew Tillett
Backers of takeover target Austal want Hanwha in the race
Austal shareholders say the opening shots in takeover battle for the defence ship builder have fallen well short of the mark, but granting due diligence would be a start.
- Brad Thompson
- Exclusive
- Defence
Hanwha could face long wait for answer on Austal bid
The Albanese government is likely to prioritise picking a new frigate design over considering a foreign takeover bid for the Perth shipbuilder.
- Andrew Tillett
April
Austal suitor Hanwha launches coast-to-coast charm offensive
The South Korean defence and aerospace conglomerate is working Austal’s shareholders, starting with its largest.
- Sarah Thompson, Kanika Sood and Emma Rapaport
It’s Hanwha against the hawks in race for shipbuilder Austal
The Korean conglomerate has made the news plenty of times before and not always in a positive light. Now it wants Australia’s largest defence group.
- Kylar Loussikian
Christopher Pyne emerges as Hanwha’s man in Canberra
The Korean conglomerate has lobbed a $1 billion bid for ASX-listed Austal. The local shipbuilder has rejected the offer, saying it won’t be approved.
- Kylar Loussikian
Austal’s long-serving chairman weighs retirement as bids land
Multimillionaire John Rothwell founded the Forrest family-backed shipbuilder in the 1980s and has been at the helm since.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Defence
South Korea’s Hanwha a ‘credible buyer’ for shipbuilder Austal
The ASX-listed group has rejected a bid from the defence and aerospace conglomerate after warning it would probably fail to gain required government approvals.
- Updated
- Kylar Loussikian and Tom Rabe
ASX hits record; Aussie reportedly killed in Gaza; Austal’s ‘credible buyer’
Read everything that’s happened in the news so far today.
Green premiums are real, says aluminium boss
Electric vehicle makers are refusing to pay a green premium for low-carbon nickel but Capral says customers are paying an extra 5 per cent for clean aluminium.
- Peter Ker and Lap Phan
February
Navy shipbuilder Austal flags settlement to avoid US litigation
The shipbuilder has enlisted the US and Australian defence departments for support in its negotiations with the DOJ and SEC.
- Brad Thompson
Anzac-class in the firing line as Defence plans navy overhaul
Older warships are poised to be mothballed as a looming major review prepares to outline the shape of the navy for coming decades.
- Andrew Tillett