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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 acquired ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sydney
Sydney is the capital city of the States and territories of Australia, state of New South Wales and the List of cities in Australia by population, most populous city in Australia. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about 80 km (50 mi) from the Pacific Ocean in the east to the Blue Mountains (New South Wales), Blue Mountains in the west, and about 80 km (50 mi) from Ku-ring-gai Chase National Park and the Hawkesbury River in the north and north-west, to the Royal National Park and Macarthur, New South Wales, Macarthur in the south and south-west. Greater Sydney consists of 658 suburbs, spread across 33 local government areas. Residents of the city are colloquially known as "Sydneysiders". The estimated population in June 2024 was 5,557,233, which is about 66% of the state's population. Estimated resident population, 30 June 2017. The city's nicknames include the Emerald City and the Harbour City. There is ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Nationwide Transport
Thomas Nationwide Transport (TNT) and later 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 Industries. It launched a takeover offer fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Shipping Companies Of Australia
{{Disambiguation ...
Defunct 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 process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Formerly Listed On The Australian Securities Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Sydney
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, Queensland, 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 f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Financial Review
The ''Australian Financial Review'' (''AFR'') is an Australian compact daily newspaper with a focus on business, politics and economic affairs. The newspaper is based in Sydney, New South Wales, and has been published continuously since its founding in 1951. It is currently owned by Nine Entertainment. The ''AFR'' is published in tabloid format six times a week, and provides 24/7 coverage through its website and mobile app. In November 2019, the ''AFR'' reached 2.647 million Australians through both print and digital mediums according to Mumbrella.SMH, AFR and The Age all report audience growth in November Mumbrella 2020 The ''Australian Financial Review'' started as a print-only |
Coal & Allied
Coal & Allied is an Australia coal mining company. Operating mines in the Hunter Valley, 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. 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 |
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. |
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 ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
