Get your hands on some hot property

Article Abstract:

Metroland is planning on developing a site south of Sydney on Sydney Park Road. The site measures 11,500 square meters, cost $5.9 mil, and Metroland has obtained approval to create a $50 mil development, beginning with 181 apartments. Other Metroland projects include managing the 19-level Darling Harbour-Oakford project and an agreement for joint ventures with a Chinese conglomerate.

Author: Haselhurst, David
Construction industry, Planning, Metroland Developers L.L.C.

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Away with the pixels

Article Abstract:

Blaze International Company looks forward to show an audience at the Royal Melbourne Institute of Technology that it could compress a video stream by 450:1 and transmit a broadcast-quality picture to low-bandwidth receivers like mobile telephones. Blaze has 235 million shares that have traded from a low of 2.4 cents to high of 9.3 cents in 2005.

Author: Haselhurst, David
Household audio and video equipment, Services information, Securities issued, listed, Services, Consumer electronics industry, Securities, Company securities

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AI engineers a market coup

Article Abstract:

AI Engineering Corporation (AI) has bought a one-third interest in the privately-owned Internet business Eclipse Group for $1 mil. AI, a Perth-based metal fabricator and foundry company, doubled its profits in 1998. The Eclipse Group is projecting revenues of $8 mil in 1999, and estimate their pre-tax profit at $1.5 mil.

Author: Haselhurst, David
Analysis, Mergers, acquisitions and divestments, Stock-exchange, Stock exchanges, AI Engineering Corp., Eclipse Group

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Subjects list: Australia
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