Protection plan for dishonest directors in ACT business
Canberra moves to curb rogue directors with new legislation to shield creditors and tighten penalties. The act would bar miscreant directors from managing firms for up to five years and empower courts to appoint inspectors, with fines up to 5000 dollars and possible prison terms up to sixteen years for serious offenses.
MENTIONED IN THIS ARTICLE
Department of Busines and
Canberra
Coult
Lafe
ACT Couspanies
Amiponien
Eyraxtors
Becaung
Aes Ie
Ina Io Seturn IC
Siotl
Department of Business and Consumer
Feem
Viennia
Mygunland
Berg
Nsw
Vic
Isles
Teria Fonves
Soho
Wiirytnig
Asea
Iti
Monier cuts back investment in Canberra operations
Monier Comprete Industries Ltd, the ACT’s largest manufacturer, reduced its investment program sharply as it tests the Canberra cement and construction sector’s limits. The company, with operations since 1947 and several divisions, employs about 14 staff and 103 subcontractors in Canberra and regions. Retrenchments over the past 12 months have affected the concrete pipe and precast divisions and related work.
MENTIONED IN THIS ARTICLE
Comprete Industries (Monier) Ltd
Act
Canberra
Petar Cummins
Cummins
Sydney
Camberra
Chamber of Manufactures
Act and Districts
Canberra and Region
Monier
Hedovsauralis
Queanteyan
Goulburn
Pave Cooma
Souise
Nsw
Canberre
Petenah
Tennant Street
Fyshwick
Whyalla Street
Hungendure
Ht Hike
Wayeu
Iso
Bs Pipe
AGC announces new prospectus seeking 150 million raise
Australian Guarantee Corp Ltd releases a fresh prospectus seeking about 150 million in funding with 30 million in over subscriptions. The company keeps the prior terms and rates, offering 1 percent for Touré and five year bonds alongside two year notes.
MENTIONED IN THIS ARTICLE
Australian Guarantee Corp Ltd
AGC
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Mrohn Hindrursh
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Melbourne 4S
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Dennings — Construction
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