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IMAGINE LTD TO LIST ON AUSTRALIAN BOURSE.
SYDNEY, Oct 25 Asia Pulse - Essential services advisory organisation Imagine Ltd plans to raise $A2.5 million ($US1.89 million) and float on the stock market through a reverse listing.
Imagine has lodged a prospectus for an offer of up to 62.5 million shares at four cents each.
The deal is being done with listed internet technology company Horizon Global Ltd (ASX:HZG), whose shares will be suspended from trading at the close of business on November 9.
Imagine will enter into two share sales agreement with Horizon, with Horizon investing $A21 million ($US15.88 million) to acquire up to 100 per cent of Imagine subsidiary Imagine Essential Services, and 100 per cent of subsidiary Imagine Global Pty Ltd.
Imagine ...
- AUSTRALIAN BOURSE NOSEDIVES TO BIGGEST ONE-DAY FALL IN 7 YEARS.
- News wire article from: AsiaPulse News August 16, 2007 700+ words
...market was down about 15.6 per cent from its previous high this year. He said it was hard to know if big falls on the Australian bourse would continue. "It could get a bit worse before it gets better," he said. "When markets move in very volatile ways...
- STOCKS - AUSTRALIAN BOURSE ENDS AT RECORD HIGH - DEC 29, 2006.
- News wire article from: AsiaPulse News December 29, 2006 700+ words
PERTH, Dec 29 Asia Pulse - The Australian bourse ended the year at a record high with resources sector, particularly uranium stocks, driving the bourse upwards. At the close...
- STOCKS - AUSTRALIAN BOURSE ENDS WEAKER - AUG 18, 2006.
- News wire article from: AsiaPulse News August 18, 2006 700+ words
...advanced 8.07 points to 2,157.61. Mr Foulsham pointed to gold and oil stocks as providing a downward pull on the Australian bourse. "These commodities traded significantly lower overnight and a lot of the local gold and oil producers were pushed lower...
- STOCKS - AUSTRALIAN BOURSE ENDS SHARPLY LOWER - JAN 16, 2008.
- News wire article from: AsiaPulse News January 16, 2008 700+ words
...surrendered 149.0 points, or 2.48 per cent, to 5,870.8. Shaw Stockbroking head dealer Jamie Spiteri said the Australian bourse had followed US markets downwards. "No market around the world is immune to the shockwaves from the downfall in financial...
- KATANA DEBUTS ON AUSTRALIAN BOURSE ON PAR WITH ISSUE PRICE.
- News wire article from: AsiaPulse News December 23, 2005 700+ words
SYDNEY, Dec 23 Asia Pulse - Investment firm Katana Capital (ASX:KAT) has debuted on the Australian bourse on par with its issue price in a A$50 million (US$36.55 million) float after a slow start on the last day of trading before...
- AUSTRALIAN BOURSE LOGS BIGGEST SINGLE DAY FALL IN FIVE YEARS.
- News wire article from: AsiaPulse News February 28, 2007 700+ words
MELBOURNE, Feb 28 Asia Pulse - The Australian stock market suffered its biggest one-day fall in almost five and half years today as global markets went into meltdown. The fall was driven by the same factor that has helped pump the market to record highs: China. The rout began when the Chinese stock
- AUSTRALIAN BOURSE APPROVES WESFARNERS SHARE ISSUE FOR COLES BID.
- News wire article from: AsiaPulse News October 1, 2007 700+ words
MELBOURNE, Oct 1 Asia Pulse - The Australian Securities Exchange (ASX) today approved the terms of Wesfarmers' (ASX:WES) Partially Protected Shares (WPPS) to be issued to shareholders of retailer Coles Group Ltd (ASX:CGJ) under Wesfarmers' proposed takeover of Coles. The takeover will be
- AUSTRALIAN BOURSE RECORDS VERY HIGH TRADE IN JANUARY.
- News wire article from: AsiaPulse News February 5, 2008 700+ words
SYDNEY, Feb 5 Asia Pulse - Australian Securities Exchange Ltd (ASX) says trading in the local stock and futures markets was very high in January, when global equity market volatility impacted. "January 2008 was a month of very high trading activity, particularly in the cash equities, equity