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RW Miller
R. W. Miller was an Australian company that had interests in coal mining, pubs and shipping. The company was named after its founder Robert William Miller (1879-1958). History R. W. Miller was founded in 1923 as a colliery proprietor and coal dealer. It became involved in the coastal coal-carrying trade of New South Wales to convey coal between Newcastle and Sydney. R. W. Miller owned many coal mines in the Hunter Valley. In 1942, a brewery was purchased in Petersham. This was followed by the purchase of many pubs. In 1967, the Miller's Brewery was sold to Tooheys, followed by the pubs in 1968. In the late-1960s and early-1970s, TNT, Ampol and Howard Smith built up substantial shareholdings with takeover offers by the latter two resulting in a protracted takeover battle resulting in an important legal case and subsequent appeal to the Privy council, ''Howard Smith Ltd v Ampol Petroleum Ltd.'' In 1979, Howard Smith's shareholding was increased to 67% in 1979 when it acquire ...
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Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, spread across 33 local government areas. Residents of the city are known as "Sydneysiders". The 2021 census recorded the population of Greater Sydney as 5,231,150, meaning the city is home to approximately 66% of the state's population. Estimated resident population, 30 June 2017. Nicknames of the city include the 'Emerald City' and the 'Harbour City'. Aboriginal Australians have inhabited the Greater Sydney region for at least 30,000 years, and Aboriginal engravings and cultural sites are common throughout Greater Sydney. The traditional custodians of the land on which modern Sydney stands are ...
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Thomas Nationwide Transport
Thomas Nationwide Transport, commonly known by its TNT acronym, and in its later years as TNT Limited, was an Australian logistics and transport company. Founded in 1946, it was taken over by KPN in 1996 and in 1998 became part of the TNT Post Group. History TNT was founded by Ken Thomas in 1946 with one International truck as KW Thomas Transport, being renamed Thomas Nationwide Transport in 1958. In January 1962 it was listed on the Sydney Stock Exchange.TNT-Alltrans ''Network'' March 1984 pages 37-39 In 1967 it merged with Alltrans to form TNT-Alltrans with Peter Abeles becoming managing director. In 1968 it purchased Kwikasair. In 1970 it commenced hiring complete freight trains to operate between Sydney and Melbourne. It diversified into shipping, acquiring a 25% share in RW Miller in 1968, a 33% share in Bulkships in 1970, increasing it to 63% by 1976 and a 50% share in Union Shipping in 1971. In March 1972, TNT acquired a 23% shareholding in Ansett Transport Indus ...
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Defunct Shipping Companies Of Australia
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Companies Formerly Listed On The Australian Securities Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Sydney
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Coal Companies Of Australia
÷Some of the more notable coal companies in Australia are the following: Summary of coal companies Anglo Coal Australia Ltd Anglo Coal Australia Ltd owns and operates a number of mines in Queensland and New South Wales. Mines Callide mine: is a leading Queensland domestic coal producer providing low-sulphur, sub-bituminous thermal coal primarily for domestic power generation. The coalfields cover an area of 180 square kilometres and contain seams up to 26 metres thick. Annual production is 7 million tonnes per annum (Mtpa) of sub-bituminous thermal coal. At December 2014, estimates for ROM reserves are approximately 202 Mt of domestic and export thermal quality, with an additional 262 Mt of mineable in-situ resources outside the current mine layout. ;Capcoal: operates three underground mines and an open-cut mine which all produce premium quality hard coking coal for export steel markets. The majority of coal is mined from the German Creek Formation, noted for containing hard c ...
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Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ...
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Coal & Allied
Coal & Allied is an Australia coal mining company. Operating mines in the Hunter Region, it is a subsidiary of Yancoal. History Coal & Allied was formed in 1960 when Caledonian Collieries and J & A Brown & Abermain-Seaham Collieries merged. Howard Smith owned 50%. In December 2011, Rio Tinto Coal Australia took full ownership with Coal & Allied delisted from the Australian Securities Exchange. In September 2017, Coal & Allied was sold by Rio Tinto to Yancoal Yancoal is an Australian coal mining company operating mines in New South Wales, Queensland and Western Australia. A dual-listed company on the Australian Securities Exchange and the Hong Kong Stock Exchange, it is majority owned by Yanzhou Co .... Assets Current *Hunter Valley Operations mine: 67.6% *Mount Thorley mine: 80% *Port Waratah Coal Services: 36.5% *Warkworth mine: 55.6% Former * Maules Creek coal mine, sold to Whitehaven Coal February 2010
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Truck & Bus Transportation
''Truck & Bus Transportation'' was a Sydney-based monthly trade magazine covering aspects of transport in Australia. Overview ''Truck & Bus Transportation'' was established in July 1936 by Frank Shennen as ''Transportation''. It was renamed ''Truck & Bus Transportation'' in March 1940. It originally covered all forms of transport, but after a short while rail and tram news was withdrawn, with it focussing on the bus and truck industries. It was sold in 1986 to the Murray family. Shennen Publishing later founded ''Railway Transportation'' and ''Freight & Container Transportation'' that shared some content with ''Truck & Bus Transportation''. It ceased publication in June 2003.Truck & Bus Transportation


Howard Smith Ltd V Ampol Petroleum Ltd
''Howard Smith Ltd v Ampol Petroleum Ltd'' is a leading company law case, concerning the duty of directors to act only for "proper purposes". This duty has been codified into the Companies Act 2006 section 171, and arises particularly in cases involving takeover bids. Facts RW Miller was embroiled in a hostile takeover bid, by a large petrol company called Ampol. Ampol already controlled (with an associated company) 55% of the shares. The directors did not want Ampol to buy the shares of RW Miller as Howard Smith had bettered terms for take over by offering employment to the directors even in the future. So the directors of RW Miller issued $10m of new shares. They said it was to finance the completion of two tankers. The shares were given to Howard Smith Ltd who were going to take over RW Miller, and that blocked Ampol’s rival bid. Without the issue, Howard Smith Ltd had no hope of succeeding in taking over the company. But with the new issue, Ampol could not complete its acq ...
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Privy Council
A privy council is a body that advises the head of state of a state, typically, but not always, in the context of a monarchic government. The word "privy" means "private" or "secret"; thus, a privy council was originally a committee of the monarch's closest advisors to give confidential advice on state affairs. Privy councils Functioning privy councils Former or dormant privy councils See also * Privy Council of the Habsburg Netherlands * Council of State * Crown Council * Executive Council (Commonwealth countries) * Privy Council ministry * State Council State Council may refer to: Government * State Council of the Republic of Korea, the national cabinet of South Korea, headed by the President * State Council of the People's Republic of China, the national cabinet and chief administrative auth ... References {{DEFAULTSORT:Privy Council Advisory councils for heads of state Monarchy Royal and noble courts ...
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Corporate Raid
In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company. Corporate raids were particularly common between the 1970s and the 1990s in the United States. By the end of the 1980s, management of many large publicly traded corporations had adopted legal countermeasures designed to thwart potential hostile takeovers and corporate raids, including poison pills, golden parachutes, and increases in debt levels on the company's balance sheet. In later years, some corporate raiding practices have been used by "activist shareholders", who purchase equity stakes in a corporation to influence its board of directors and put public pressur ...
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