Fortescue investor reduces stake

Original article by Brad Thompson
The Australian Financial Review – Page: 17 : 7-Mar-19

Hunan Valin Group has capitalised on the recent rally in Fortescue Metals Group’s share price by cutting its stake in the pure-play iron ore miner by 1.14 per cent, reducing it to 13.06 per cent. China-based Hunan Valin is Fortescue’s second-biggest shareholder, and acquired its initial stake of 17.4 per cent in 2009. The company last reduced its Fortescue stake in 2016.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, HUNAN VALIN IRON AND STEEL GROUP COMPANY LIMITED, AUSTRALIAN LABOR PARTY

Mogul Gordon grabs shares to increase stake in Nine

Original article by Max Mason
The Australian Financial Review – Page: 16 : 10-Jan-19

Australian businessman Bruce Gordon has lifted his direct stake in Nine Entertainment Company from 7.6 per cent to 8.9 per cent. Gordon has a total economic interest in Nine of about 13.4 per cent when a 4.5 per cent stake held via a cash-settled share swap is taken into account. Gordon’s stake in Nine had been diluted by its merger with Fairfax Media.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED, BIRKETU PTY LTD, DEUTSCHE BANK AG, APOLLO GLOBAL MANAGEMENT LLC

Fortescue up after Forrest buys shares

Original article by Peter Ker
The Australian Financial Review – Page: 19 : 2-Nov-18

Fortescue Metals Group chairman Andrew Forrest has increased his stake in the pure-play iron ore miner from 32.46 per cent to 33.87 per cent after buying 3.95 million shares in late October. Fortescue’s shares closed at a 10-week high of $4.11 on 1 November, and the stock has gained 13 per cent since Forrest’s on-market share transaction. Fortescue has also repurchased about $7m worth of share since it announced a $500 million share buyback in mid-October.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, MINDEROO PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, RIO TINTO LIMITED – ASX RIO

Haoma Mining shares can now be bought or sold via PrimaryMarkets trading platform – see last link under above Financial Indicators

Original article by
Haoma Mining NL Announcements – Page: Online : 15-Jun-18

PrimaryMarkets provides a transparent and easy to use share trading platform that investors can use to trade shares in a range of companies including Haoma. The last item under the above ‘Financial Indicators’ is linked to current Trade Notices for buying and selling of shares in Haoma. Haoma’s Directors are considering how the recent significant changes in Atlas Iron shareholding could be a benefit. Haoma has a significant royalty entitlement under an agreement with Atlas Iron which involves the Mt Webber Dalton iron ore reserves. In addition Haoma holds nearly tenements which contain gold & PGM, iron ore, lithium, rare earths and nickel.

CORPORATES
HAOMA MINING NL, PRIMARY MARKETS, ATLAS IRON LIMITED – ASX AGO

Fortescue derails MinRes bid for Atlas

Original article by Paul Garvey
The Australian – Page: 19 & 22 : 8-Jun-18

Fortescue Metals Group has paid $A0.04 per share for a 15 per cent stake in Atlas Iron. The pure-play iron ore miner also has an economic interest in about 4.9 per cent of Atlas’s shares via a cash-settled swap, effectively giving it a stake of 19.9 per cent. CEO Elizabeth Gaines has also advised that Fortescue will not support the proposed scheme of arrangement between Atlas and suitor Mineral Resources at present, although it remains open to doing so. Atlas shares closed 12 per cent lower at $A0.028 on 7 June. Haoma Mining sold its iron ore rights at the Mt Webber Dalton deposit to Atlas in April 2012.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, ATLAS IRON LIMITED – ASX AGO, MINERAL RESOURCES LIMITED – ASX MIN, ARGONAUT SECURITIES PTY LTD, FOSTER STOCKBROKING PTY LTD, AWE LIMITED, MITSUI AND COMPANY LIMITED, HAOMA MINING NL

Haoma establishes share trading hub Ecosystem with PrimaryMarkets for secondary trading of Haoma Mining Shares

Original article by Roy Morgan
Haoma Mining NL Announcements – Page: Online : 29-May-18

Since being unnecessarily delisted by the ASX in February, Haoma has worked to identify a suitable and cost-effective platform for easy trading of Haoma’s shares and can now advise that this has been achieved with the appointment of PrimaryMarkets to establish on their platform a Haoma Mining NL private share trading hub known as the ‘EcoSystem’. Existing Haoma shareholders or prospective shareholders wishing to sell or purchase shares in Haoma Mining will be able to register buy and sell offers within the Ecosystem. Sell and buy offers will be transacted and settled in accordance with the Haoma share trading rules as published on the Ecosystem. The Ecosystem will open on Wednesday June 6, 2018. Further details on the benefits of using the Ecosystem are available at this PDF link.

CORPORATES
HAOMA MINING NL, PRIMARYMARKETS

M&A talk as Gordon lifts Prime interest

Original article by Dana McCauley, Bridget Carter
The Australian – Page: 21 : 2-Feb-18

Sources have indicated that WIN Corporation owner Bruce Gordon has increased his stake in Prime Media Group from 14.99 per cent to 24 per cent. The transaction, which is believed to have been carried out via cash-settled equity swaps, has prompted speculation that Gordon could seek to merge the two regional TV broadcasters in the wake of cross-media ownership reforms. Meanwhile, Perpetual has reduced its stake in Prime from 13.1 per cent to 7.4 per cent.

CORPORATES
PRIME MEDIA GROUP LIMITED – ASX PRT, WIN CORPORATION PTY LTD, PERPETUAL LIMITED – ASX PPT, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, TEN NETWORK HOLDINGS LIMITED, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, DEUTSCHE BANK AG

Kingsgate activist opts to reduce its holding

Original article by Peter Ker
The Australian Financial Review – Page: 13 : 24-Jan-18

UK-based Metal Tiger has sold about 5.5 million shares in gold miner Kingsgate Consolidated in the wake of its failed bid for a board spill. The divestment has reduced Metal Tiger’s stake from 8.1 per cent to 5.6 per cent, and CEO Michael McNeilly stresses that the company will continue to be an active investor. Meanwhile, Kingsgate chairman Ross Smyth-Kirk has ruled out boardroom changes in the near-term. The company is pursuing legal action against the Thai Government over its closure of the Chatree mine.

CORPORATES
KINGSGATE CONSOLIDATED LIMITED – ASX KCN, METAL TIGER PLC

Shell in $2.2bn energy selldown

Original article by Bridget Carter, Matt Chambers
The Australian – Page: 17 : 14-Nov-17

Royal Dutch Shell is no longer a substantial shareholder in Woodside Petroleum, after selling a $A2.23bn parcel of shares in the oil and gas group. The transaction has reduced Shell’s stake from around 13 per cent to 4.8 per cent, and was part of its strategy of divesting $A30bn worth of assets over three years. Shell’s stake in Woodside has been progressively reduced from about 34 per cent since 2010, and the latest sell-down has capitalised on a rally in the crude price in recent months. Woodside shares closed $A0.33 lower at $A32.24 on 13 November.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, ROYAL DUTCH SHELL PLC, UBS HOLDINGS PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED, BHP BILLITON LIMITED – ASX BHP, BG GROUP PLC

Gordon snaps up Seven stake in Prime

Original article by Darren Davidson
The Australian – Page: 19 & 30 : 29-Sep-17

Seven Group Holdings has sold 39 million shares in Prime Media Group to Birketu, the private investment vehicle of WIN Corporation owner Bruce Gordon. The $A15.6m transaction has assured Gordon of a key role in any media industry consolidation, given that he now has stakes of almost 15 per cent in Nine Entertainment Company and Prime, which is the regional affiliate of the Seven Network. Gordon had also been Ten Network’s largest shareholder prior to its collapse.

CORPORATES
PRIME MEDIA GROUP LIMITED – ASX PRT, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, BIRKETU PTY LTD, WIN CORPORATION PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED, TEN NETWORK HOLDINGS LIMITED – ASX TEN, CBS CORPORATION, KORDA MENTHA AND COLLEAGUES PTY LTD, SUPREME COURT OF NEW SOUTH WALES, SEVEN WEST MEDIA LIMITED – ASX SWM, COATES HIRE LIMITED, NEWS CORPORATION – ASX NWS