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Engenco
Engenco Limited is an Australian engineering company with operations in Australia, Asia, Europe and America. It is listed on the Australian Stock Exchange. History Engenco was founded as Global Turbocharger Specialists Australia by Michael Coote in 1989 providing diesel engine spare parts. It was renamed GTSA Engineering and later Coote Industrial.Annual Report 30 June 2008
Coote Industrial
In December 2006 Coote Industrial was listed on the Australian Stock Exchange. In November 2010 Coote Industrial was renamed Engenco.


Subsidiaries

As at June 2015 its subsidiaries were: *Centre for Excellence in Rail Training (CERT) *Convair Engineering (Convair) *Drivetrain Power and Propulsion (Drivetrain) *

Engenco Logo
Engenco Limited is an Australian engineering company with operations in Australia, Asia, Europe and America. It is listed on the Australian Stock Exchange. History Engenco was founded as Global Turbocharger Specialists Australia by Michael Coote in 1989 providing diesel engine spare parts. It was renamed GTSA Engineering and later Coote Industrial.Annual Report 30 June 2008
Coote Industrial
In December 2006 Coote Industrial was listed on the Australian Stock Exchange. In November 2010 Coote Industrial was renamed Engenco.


Subsidiaries

As at June 2015 its subsidiaries were: *Centre for Excellence in Rail Training (CERT) *Convair Engineering (Convair) *Drivetrain Power and Propulsion (Drivetrain) *

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Greentrains
Greentrains is a locomotive and rolling stock leasing company in Australia. It was formed in June 2008 as a subsidiary of Coote Industrial. In 2008, Coote Industrial subsidiary Gemco Rail acquired 42 locomotives and 54 wagons from the distressed Allco Finance Group that were being leased by Coote subsidiaries South Spur Rail Services and Southern & Silverton Rail.Independent Directors unanimous recommendation in relation to Elph Pty Ltd's unconditional off-market takeover offer
Engenco 16 January 2013
After refurbishment it was planned to sell them to Greentrains who in turn would lease them back South Spur and Southern & Silverton. However, Greentrains ran into trouble raising funds to com ...
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Gemco Rail
Gemco Rail is a Western Australian company specialising in the remanufacturing and repair of railway locomotives, wagons, track maintenance equipment, bearings and other railway components. Formed in 1987 it is based in Forrestfield, Perth. In July 2007 Gemco Rail was purchased by Coote Industrial. Gemco Rail has manufactured items of track maintenance equipment and intermodal container wagons. It has also overhauled locomotives for fellow Engenco subsidiary Greentrains.Maintenance & Manufacture
Gemco Rail and rebuilt some former RUB carriages a ...
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South Spur Rail Services
South Spur Rail Services was a Western Australian owned railway company that provides terminal operations and short haul rail services. In February 2006, it purchased Silverton Rail. In March 2007, it was sold to Coote Industrial, then in March 2010 to P&O Trans Australia, which in turn was acquired by Qube Holdings. History South Spur Rail Services was formed in January 1997 by James Wilson and his three brothers. It won a number of contracts for hauling infrastructure trains. In Perth, it also provided hook-and-pull services for Pacific National's SeaTrain service between Kewdale Freight Terminal and Fremantle Port. In the construction of the Perth to Mandurah railway, South Spur Rail Services diesels hauled track and sleepers over the Mount Henry Bridge as far as South Perth. By 2004, it had commenced operating infrastructure trains in New South Wales. In 2006, it commenced operating a service from Parkes to Perth for SCT Logistics using Silverton Rail C class locom ...
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Southern & Silverton Rail
Southern & Silverton Rail was an Australian rail operator founded in 1886 as the Silverton Tramway Company. The company operated the Silverton Tramway, conveying silver-lead-zinc concentrates from Broken Hill to the South Australian border. In 1970, its main line was bypassed by the newly standardised, government-funded line from Broken Hill to Port Pirie. It then diversified to operating hook-and-pull services and in the mid-1990s rebranded to Silverton Rail. In 2006, it was purchased by South Spur Rail Services and rebranded again as Southern & Silverton Rail, before both entities were sold to Coote Industrial. In June 2010 it was sold to Qube Logistics and absorbed into that brand. History The Silverton Tramway Company was formed in 1886 by a consortium led by J. S. Reid, to build and operate the Silverton Tramway, a -long -gauge railway running from Cockburn on the New South Wales-South Australia state border to Broken Hill; after the Government of New South Wales e ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Perth
Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River, upon which the city's central business district and port of Fremantle are situated. Perth is located on the traditional lands of the Whadjuk Noongar people, where Aboriginal Australians have lived for at least 45,000 years. Captain James Stirling founded Perth in 1829 as the administrative centre of the Swan River Colony. It was named after the city of Perth in Scotland, due to the influence of Stirling's patron Sir George Murray, who had connections with the area. It gained city statu ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Australian Dollar
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1)
an
''Currency Act 1965'', s.16
Within Australia, it is almost always abbreviated with the ($), with A$ or AU$ sometimes used to distinguish it from other

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Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance amo ...
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Takeover Offer
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ...
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