Sunraysia Television
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Sunraysia Television
Sunraysia Television was a publicly listed company which owned Channel Nine Perth's parent company ''Swan Television and Radio Broadcasters'' from 1989 to 2007. Although listed on the ASX, Sunraysia had been majority owned by Eva Presser's Sabtel (between 44 and 50 per cent) with WIN Corporation owning another 43.65% of the company. History Sunraysia Television has its origins in the area around Mildura, known as Sunraysia. It operated a single television licence, STV-8. In 1985, the station was purchased by Eva Presser. In 1989, Sunraysia acquired Channel Nine Perth from Bond Media who were forced to sell it due to cross-media ownership laws restricting national audience reach. They paid A$95 million for the station. As part of the deal, it also sold STV-8 to Bond Media for $18 million, which was then onsold to ENT Ltd. for the same price. In 1994, following a failed takeover bid for Sunraysia, Kerry Stokes sold his 21.2 per cent stake to Bruce Gordon's WIN Corporation ...
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Australian Securities 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 ...
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