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Transfield Services
Broadspectrum, formerly known as Transfield Services, was an Australian and New Zealand company that provided infrastructure maintenance services. Formerly listed on the Australian Securities Exchange, and later owned by Ferrovial, it was then acquired by Ventia who integrated Broadspectrum alongside Visionstream Overview Broadspectrum operated across diverse industries, including property and facilities management, defence, transport (including road, rail and public transport), utilities (including water, power, and telecommunications), and mining and chemical processing and hydrocarbons. Its clients included major national and international companies, as well as all levels of government. History In May 2001, Transfield Holdings spun-off its maintenance contracting division along with power, transportation and water assets and listed it on the Australian Securities Exchange as Transfield Services. Transfield Holdings had an initial 45% shareholding. In July 2004, Tran ...
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Franco Belgiorno-Nettis
Franco Belgiorno-Nettis (20 June 1915 – 8 July 2006) was an Australian industrialist and patron of the arts. He founded the construction and engineering company Transfield Holdings, Transfield and also helped establish the Australian Biennale subsequently known as the Biennale of Sydney. Biography Belgiorno-Nettis was born in Cassano delle Murge in the Province of Bari in Apulia, Italy in 1915 and attended the Turin Military Academy before joining the Italian army and serving in North Africa during World War II. He spent 3 years at an allied Prisoner-of-war camp, POW camp in India. After the war he returned to Italy to complete his studies in engineering at the University of Turin. In 1951 he came to Australia as the employee of Italian engineering firm Electric Power Transmission, (an offshoot of Milan-based Societa' Anonima Elettrificazione), which was constructing powerlines. Franco Belgiorno-Nettis and Amina Cerino-Zegna wed by proxy in 1951 – Belgiorno-Nettis' brot ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather ...
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CIMIC Group
CIMIC Group Limited (formerly Leighton Holdings) is an Australian construction contractor. It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries. It has operations in Australia, Southeast Asia, New Zealand and the Middle East. Formerly listed on the Australian Securities Exchange, it is a subsidiary of Hochtief. CIMIC stands for Construction, Infrastructure, Mining and Concessions. History Founded in 1949 by Stanley Leighton, Leighton Holdings was first listed on the Melbourne Stock Exchange in 1962. The company formed Leighton Asia, based in Hong Kong, in 1975. In July 1983 Leighton Holdings, purchased Thiess Contractors, with its major shareholder, Hochtief, becoming a shareholder in Leighton Holdings. In April 1997 the Welded Mesh structural materials division was sold to Smorgon Steel. In 2000, Leighton Holdings bought a 70% stake in John Holland; this was increased t ...
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Biennale Of Sydney
The Biennale of Sydney is an international festival of contemporary art, held every two years in Sydney, Australia. It is a large and well-attended contemporary visual arts event in the country. Alongside the Venice and São Paulo biennales and Documenta, it is one of the longest running exhibitions of its kind and was the first biennale to be established in the Asia-Pacific region. History In 1973 the Biennale of Sydney held its first exhibition of 37 artists in the exhibition hall of the then newly opened Sydney Opera House. *1973, ''The Biennale of Sydney'', Coordinator: Anthony Wintherbotham *1976, ''Recent International Forms in Art'', Artistic Director: Thomas G. McCullough *1979, ''European Dialogue'', Artistic Director: Nick Waterlow *1982, ''Vision in Disbelief'', Artistic Director: William Wright *1984, ''Private Symbol: Social Metaphor'', Artistic Director: Leon Paroissien *1986, ''Origins, Originality + Beyond'', Artistic Director: Nick Waterlow *1988, ''From the ...
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Reza Barati
Reza Barati was a 23-year-old asylum seeker who was killed during rioting at the Manus Island Regional Processing Centre (MIRPC), Papua New Guinea, on 17 February 2014. An Iranian Kurd, he had arrived in Australia on 24 July 2013 – just five days after the PNG solution was announced – and was sent to Manus Island in August. It was first reported that the cause of death was "severe head trauma", with the Cornall Review later concluding that the actual cause was cardiac arrest as a consequence of "severe brain injury", caused by being beaten by several assailants. Two Manusian men were convicted of murder in 2016, but others involved, said to be expats, have never been brought to justice. Barati's life Reza was born in a small town called Lomar in Ilam Province, part of the Kurdistan region of Iran, in 1988. He studied architecture at university and was determined to finish his studies when resettled. Due to his kind nature and large build, his friends would call him “the ...
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Nauru Regional Processing Centre
The Nauru Regional Processing Centre is an offshore Australian immigration detention facility in use from 2001 to 2008, from 2012 to 2019, and from September 2021. It is located on the South Pacific island nation of Nauru and run by the Government of Nauru. The use of immigration detention facilities is part of a policy of mandatory detention in Australia. The Nauru facility was opened in 2001 as part of the Howard Government's Pacific Solution. The centre was suspended in 2008 to fulfil an election promise by the Rudd Government, but was reopened in August 2012 by the Gillard government after a large increase in the number of maritime arrivals by asylum seekers and pressure from the Abbott opposition. Current Coalition and Labor Party policy states that because all detainees attempted to reach Australia by boat, they will never be settled in Australia, even though many of the asylum seekers detained on the island have been assessed as genuine refugees. The highest popul ...
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The Age
''The Age'' is a daily newspaper in Melbourne, Australia, that has been published since 1854. Owned and published by Nine Entertainment, ''The Age'' primarily serves Victoria, but copies also sell in Tasmania, the Australian Capital Territory and border regions of South Australia and southern New South Wales. It is delivered both in print and digital formats. The newspaper shares some articles with its sister newspaper ''The Sydney Morning Herald''. ''The Age'' is considered a newspaper of record for Australia, and has variously been known for its investigative reporting, with its journalists having won dozens of Walkley Awards, Australia's most prestigious journalism prize. , ''The Age'' had a monthly readership of 5.321 million. History Foundation ''The Age'' was founded by three Melbourne businessmen: brothers John and Henry Cooke (who had arrived from New Zealand in the 1840s) and Walter Powell. The first edition appeared on 17 October 1854. Syme family The ventur ...
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SET50 Index And SET100 Index
The SET50 and SET100 Indices are the primary stock indices of Thailand. The constituents of both lists are companies listed on the Stock Exchange of Thailand (SET) in Bangkok. Calculation The SET50 Index and the SET100 Index were created "to accommodate the issuing of index futures and options in the future, and to provide a benchmark of investment in the Stock Exchange of Thailand ET. Both indices are calculated from the stock prices of companies that are included in the SET Index, but each index consists of a subset of those stocks by a ranking based on large market capitalization, high liquidity and compliance with requirements regarding the distribution of shares to minor shareholders: those stocks ranked as the top 50 such stocks are the component stocks of the SET50 Index and those ranked as the top 100 — which also includes the top 50 — are the component stocks of the SET100 Index. The calculation method used for these two indices is the same as that used for the ...
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Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayuttha ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Emcor
EMCOR Group is an engineering and construction company based in Norwalk, Connecticut, US. It comprises 80 or more operating companies, has approximately 170 locations and employs more than 33,000 people. The company was listed as number 375 on the 2018 Fortune 500 list. History Emerging in 1994 as a result of the bankruptcy of JWP, Inc., formerly Jamaica Water Properties Inc., EMCOR Group, Inc. has grown through an acquisition strategy focused on broadening company services by branching out into new geographical areas and moving into new markets. In February 2020, EMCOR Group disclosed a ransomware incident that took down some of its IT systems. The incident was identified as an infection with the Ryuk ransomware strain. Acquisitions Acquisitions have been as follows: * 2002, EMCOR acquired the Virginia-based Consolidated Engineering Services Inc. * 2002, EMCOR acquired 19 companies from Comfort Systems USA. *2002, EMCOR acquires New England Mechanical Services (NEMSI) * 20 ...
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The Australian
''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatewatching." (2008). "''The Australian'' has long positioned itself as a loyal supporter of the incumbent government of Prime Minister John Howard, and is widely regarded as generally favouring the conservative side of politics." As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's Chairman and Founder is Rupert Murdoch. ...
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