Total, Petronas on lookout for local bargains

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 19-Oct-15

France-based Total’s investments in Australia include stakes in the Gladstone and Ichthys LNG projects. Australian MD Petter Undem says Total is interested in acquisitions in the local oil and gas sector, including a desire to become the operator of an LNG project rather than just a minority stakeholder. Malaysia-based Petronas – which also has a stake in the Gladstone project – has indicated that it too is keen to pursue acquisitions in Australia.

CORPORATES
TOTAL SA, TOTAL E&P AUSTRALIA, PETROLIAM NASIONAL BERHAD, SANTOS LIMITED – ASX STO, GLADSTONE LNG PTY LTD, INPEX CORPORATION, ICHTHYS LNG PTY LTD, INTEROIL CORPORATION, CENTRAL PETROLEUM LIMITED – ASX CTP, PROGRESS ENERGY INCORPORATED

Echo chief on edge over delayed Genting decision

Original article by Perry Williams
The Australian Financial Review – Page: 17 : 1-Jun-15

The New South Wales Independent Liquor & Gaming Authority has yet to make a decision on an application by Malaysia-based Genting to lift its stake in Echo Entertainment Group. Genting has a 6.6 per cent stake in the casino operator, but it sought approval in 2012 to increase its stake to a maximum of 25 per cent. At present, shareholdings are limited to 10 per cent of Echo’s share register.

CORPORATES
ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, GENTING BERHAD, NEW SOUTH WALES. INDEPENDENT LIQUOR AND GAMING AUTHORITY, THE STAR, CROWN RESORTS LIMITED – ASX CWN, RESORTS WORLD BERHAD

AirAsia has high hopes

Original article by Jamie Freed
The Australian Financial Review – Page: 15 : 13-Mar-15

AirAsia X is expanding its Australian operations. The airline’s founder Tony Fernandes said on 12 March 2015 that the carrier’s Australian business will be in a better financial position within six months. The airline lost $A128 million before tax in 2014. Fernandes said more flight frequencies will be added to Australia in 2015

CORPORATES
AIRASIA X SDN BHD, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, GARUDA INDONESIA, AIR NEW ZEALAND LIMITED – ASX AIZ, QANTAS AIRWAYS LIMITED – ASX QAN, JETSTAR AIRLINES PTY LTD, LAN CHILE AIRLINES, CHINA AIRLINES, MALAYSIAN AIRLINE SYSTEMS