Veteran property fund managers trade on their reputations to launch start-ups

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Bright future predicted for LNG

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Murray & Roberts Acquires Clough Shares

first_imgClough Limited (ASX:CLO) announced that the proposal by Murray & Roberts to acquire all of the outstanding shares in Clough that it does not already own (“Proposed Acquisition”), was approved by the requisite majority of Clough shareholders, at the General and Scheme Meetings, held in Perth.This result satisfies two of the final conditions to implementation of the Proposed Acquisition under the Clough Scheme of Arrangement (“Scheme”).In addition, the board of Clough has determined to pay a fully franked special dividend of $0.14 per Clough share, subject to the Scheme becoming effective.Clough will seek the Federal Court’s approval of the Scheme at a hearing scheduled for Wednesday, 20 November 2013. If the Federal Court approves the Scheme, Clough intends to lodge the orders of the Court with the Australian Securities and Investments Commission on 21 November 2013 and the Scheme will become effective on that date. If this occurs, Clough’s shares will cease trading on the Australian Securities Exchange on 21 November 2013.If the Scheme becomes effective, Clough shareholders will receive a total cash payment of $1.46 per Clough share, comprising:– Scheme consideration: a cash payment of $1.32 per Clough share paid by Murray & Roberts Pty Ltd; and– Special dividend: the fully franked special dividend of $0.14 per Clough share.[mappress]Press Release, November 18, 2013last_img read more

Australia: St George Ready to Withstand Next Flood

first_imgThe completion of St George’s new levee system will provide a more certain future for its residents.Community Recovery and Resilience Minister David Crisafulli said the town had suffered three major floods in the past five years.The 2.6 kilometre block wall and earthen embankment levee is designed to withstand a flood even higher than the 2012 event which damaged 50 houses and the Warrawee Aged Care facility, which had been evacuated three times in three years.Stage One of the levee protects homes and the aged care facility at the southern and northern ends of the town, while the Stage Two block wall joins the levees in the middle to protect the main part of town.Costing $5.6 million, the levee was funded through State and Federal funding and a partnership between the Balonne Shire Council and the Churches of Christ, owners of the Warrawee Aged Care facility.[mappress]Press Release, March 12, 2014last_img read more

Why bigger is better when it comes to housing

first_imgTo continue enjoying, sign up for free guest accessExisting subscriber? LOGIN Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to industry news as it happensBreaking, daily and weekly e-newsletters Get your free guest access  SIGN UP TODAY Subscribe now for unlimited accesslast_img read more

Wigan law firms merge

first_imgLong-standing Wigan firms Alker & Ball and Healds Solicitors are to merge to create a seven-partner firm ABH Law, offering commercial, personal injury, conveyancing, employment, wills and probate, and family services.last_img

Law Society Excellence Awards – in pictures

first_imgDelighted to have won @TheLawSociety Excellece Award in Marketing & Communications.— Setfords Solicitors (@setfordslegal) October 19, 2017 The night on social mediaRt Hon Lord Justice Hickinbottom #lawsocawards Govt ‘must ensure status of profession as world leader be maintained’— Tony Roe Solicitors (@TonyRoeDivorce) October 19, 2017last_img

The Bahamas Suspends National Examinations

first_imgIt said that it was advising students to continue their preparations for “these crucial examinations as they will be held at a later date in accordance with the advice of the competent authority guided by Ministry of Health officials”. Bahamas has recorded 153 confirmed cases of the virus and 11 deaths. “But as a country we have to do what is right and necessary. If we do not take these measures now, we will pay a higher and deadlier price later,” he added. Last Sunday, Minnis said that he understood the “frustration and the disappointment of many Bahamians and residents that may ensue as we re-implement certain restrictions. The Ministry of Education said that Prime Minister Dr. Hubert Minnis had on Sunday announced the lockdown of the island of Grand Bahama until August 7, due to the recent spike in the number of COVID-19 cases.center_img The ministry said that in an effort to ensure the safety of all concerned and to protect the integrity of the national examinations, “the 2020 sitting of the Bahamas Junior Certificate (BJC) and the Bahamas General Certificate of Secondary Education (BGCSE) examinations is temporarily suspended effective immediately until further notice”. NASSAU, Bahamas – The Bahamas has suspended national school examinations following a spike in the number of coronavirus (COVID-19) cases in the country in recent days. CMClast_img read more

Lawyers urged to play an ‘active part’ in public affairs

first_imgLocalNews Lawyers urged to play an ‘active part’ in public affairs by: Dominica Vibes News – July 28, 2015 Share Tweet Members of the Dominica Bar Association at a Gala and Dance Dinner at the Fort Young Hotel on Saturday.Dominican lawyers have been advised to play an active part in public affairs and politics.Former acting chief justice of the Eastern Caribbean Supreme Court, Sir Brian Alleyne in his acceptance speech of a recognition award from the Dominica Bar Association on Saturday 25 July 2015 at the Fort Young Hotel said, members of the legal profession are particularly qualified and suited to participate in the politics and governance of the country.Sir Brian, who served as a minister in the Dominica Freedom Party administration in the 1990s, said the legal profession is central and essential to preserving the fundamental rights of our people and preserving respect for the instructions of law and good governance. “Politics is central to the life of our people and ought to be a distinguished and very honorable activity,” Sir Brian said.“And because of the ethical standards that members of the legal profession adhere to and uphold, it is important that that profession play an important role in the politics of our country and in the governance of our country,” he added.According to Sir Brian, members of the legal profession are particularly qualified and suited to participate in the politics of and in the governance of the country because the principal activities of the political elites include law making, administration in accordance with law, service to the community within the context of the law; all of which are characteristics and activities that the legal profession embraces and commits to. “I want to encourage the members of the profession to participate in public affairs, in politics, yes, but also more generally in the affairs of the community, to be a visible part of the activities of the community, to be in the forefront of public service at all levels and to add to public activities, the dignity, the integrity for which the legal profession stands,” Sir Brian stated. He said lawyers are specially trained to be advocates for public service in terms of advocacy and getting across the messages that the community needs to hear, not only in the courtroom or in the advocacy of a particular client (s), “but generally in advocacy for the public interest, in defence of the high standards that public service demands of us”. Sharecenter_img 305 Views   no discussions Share Sharing is caring!last_img read more

St Vincent gov’t donates $100,000.00 to Dominica

first_img Share Share 235 Views   no discussions Sharing is caring! Sharecenter_img Tweet LocalNewsRegional St Vincent gov’t donates $100,000.00 to Dominica by: Dominica Vibes News – February 11, 2016 St Vincent and the Grenadines has donated one hundred thousand dollars ($100 000.00) to Dominica.The donation represents proceeds from a relief concert following the passage of Tropical Storm Erika.It was presented to Minister for Foreign and CARICOM Affairs, Francine Baron by Culture Ambassador of St. Vincent and the Grenadines, Rondy McIntosh at the Ministry of Finance’s conference room on Thursday 11 February 2016.Tropical Storm Erika caused widespread destruction in Dominica on 27 August 2015 and left $1.3B worth of damage.“Immediately after Erika, our government sent nurses, doctors, engineers and other professionals to Dominica, so that they can help in whatever way they could,” McIntosh said.“When I returned home I was approached by the now Honorable Camille Gonzales to put on a concert in aid of supporting Dominica,” he added.According to McIntosh, that concert “turned out to be one of the biggest concerts we ever had in St Vincent and that’s the kind of outpouring we had of support for our sister country Dominica”.He said among the performers at the relief concert were all the top St Vincent and the Grenadines artistes, Mr Vegas, T.O.K, and Sizzla of Jamaica. “That’s the kind of outpouring we had of support for our sister country Dominica…So this morning I am here to say Dominica we are here with you and any support that you need please reach out to us we can help in whatever way we can,” McIntosh added. Meanwhile, Dominica’s Minister for Foreign and CARICOM Affairs, Francine Baron said the response of reginal and international friends and partners to Dominica was immediate.“The government and people of our sister island of St Vincent and the Grenadians were right there with us. We did not have to call on them, they called. They said you were with us when disaster struck us and we are with you now, we will help you Dominica”.Baron added that this is a testament of true friendship and solidarity and proof of the OECS unity.In addition to this $100,000.00 donation, the St Vincent and the Grenadines’ government offered technical support and advice, and bailey bridges. Baron said the bailey bridges “allowed us to restore vehicle access to all of the west coast in record time. We were also from this allotment able to construct the bridge at Boetica”. “We will always be internally grateful to the government and the people of St Vincent and the Grenadians for their assistance,” she noted.Baron further noted that the people of St Vincent and the Grenadians also raised funds by selling paper planes for $1 each. These paper planes, which had different messages written on them, were hung in one of the banks.– / 8last_img read more