Management Resource Solutions subsidiary wins Aussie federal contract
14th Sep 2018 13:35
(Sharecast News) - Management Resource Solutions announced on Friday that its subsidiary Bachmann Plant Hire (BPH) has secured a AUD 2.0m contract providing civil and earthworks on an Australian Federal Government project in the Northern Territory of Australia.
Read moreManagement Resource Solutions reports larger loss, turns down new meeting request
18th Jan 2017 13:18
(ShareCast News) - Management Resource Solutions has turned down a requisition for another general meeting due to a legal loophole and reported that pre-tax losses more than tripled last year. The AIM-listed mining services business, which appointed Aussie mining veteran Joe Clayton chief execut
Read moreManagement Resource Solutions appoints Joe Clayton CEO
21st Dec 2016 09:18
(ShareCast News) - Mining industry veteran Joe Clayton has been appointed chief executive of AIM-listed mining services provider Management Resources Solutions, with immediate effect. Clayton, a qualified mining engineer and a fellow of the Australian Institute of Mining and Metallurgy, has over 40
Read moreManagement Resource Solutions closes unit after contract issues
9th Nov 2016 11:35
(ShareCast News) - Management Resource Solutions, the Australia-focused equipment and construction services group, has closed its consulting business after terminating its last, lossmaking contracts, with management saying they plan to take to the courts to try and recover "several million dollars"
Read moreManagement Resource Solutions completes AU$6.12m acquisition of SubZero
30th Sep 2016 11:13
(ShareCast News) - Oil and gas service provider Management Resource Solutions (MRS) completed the acquisition of several assets from SubZero Group, an Australian mining service company, for about AU$6.12m. The acquisition is to be part funded from the issue of over 7.5m shares at €0.01 each, subject
Read moreManagement Resource Solution gobbles up SubZero Group
11th Aug 2016 11:36
(ShareCast News) - Management Resource Solution announced on Thursday that it has entered into an exclusive agreement to acquire the core assets of the SubZero Group for a total consideration of AUD 6.12m. The AIM-traded firm said the conditional asset sale agreement has been made on exclusive terms
Read moreManagement Resource Solutions gets shareholder OK for Bachmann deal
28th Jan 2016 12:29
(ShareCast News) - Management Resource Solutions shareholders gave the company's board the go-ahead to gobble up Bachmann Plant Hire early on Thursday. The AIM-listed human capital resource consultancy's shareholders approved the acquisition at the company's general meeting. Management Resource Sol
Read moreManagement Resources warns cancellation of D&M Group acquisition will hit results
15th Jun 2015 11:47
Shares in Management Resource Solutions (MRS) lost a third of their value on Monday morning after the group said its full-year financial performance would be affected by the cancellation of the planned acquisition of D&M Group. The business's vendors told the firm on Friday that they no longer wishe
Read moreMelrose Resources hit by Egyptian performance
22nd Aug 2012 09:40
A drop in production at its Egyptian assets has seen oil and gas player Melrose Resources deliver half year revenues down year-on-year. Turnover for the six months to the end of June was $128m against $156m at the same point in 2011. Profits before tax came in at $52.1m versus $61.8m in the prior
Read morePetroceltic makes bid for Melrose Resources
17th Aug 2012 11:28
Oil and gas group Petroceltic International has launch a recommended bid for its sector peer Melrose Resources, which has assets in Egypt and Bulgaria. Under the deal, which would double AIM-listed Petroceltic's operations, Melrose shareholders will receive 17.6 new Petrolceltic shares for every Me
Read moreColfax offers 910p a share for Charter International
12th Sep 2011 09:37
Shares in engineer Charter International jumped after it revealed that Colfax, the US manufacturing group that was earlier this month named as a mystery bidder for Charter, is considering making a 910p a share offer. Colfax - which supplies fluid-handling products including pumps, fluid handling sy
Read moreMelrose Resources lowers 2011 production estimate
17th Aug 2011 15:01
Shares in Melrose Resources fell back after the oil and gas group cut its full-year production forecast following some problems at its Egyptian operations. The company now expects to produce 36m barrels of oil equivalent a day over 2011, down from a previous estimate of 40.5m. In the six months to
Read moreMelrose Resources plugs Bulgarian well
12th Aug 2011 09:33
Shares in Melrose Resources fell back after the oil and gas group said had plugged and abandoned its Kaliakra East-1 exploration well in the Bulgarian Black Sea after the reservoir interval was found to be eroded. Nevertheless Melrose is pressing on with exploration of the Galata Block, where the w
Read moreEnquest chief exec spends more millions
1st Jul 2011 16:06
Enquest's chief executive Amjad Bseisu has been increasing his stake in the FTSE 250-listed North Sea oil and gas group, spending nearly £3m on shares. Double A, "a discretionary Trust in which the extended family of Amjad Bseisu have a beneficial interest" took about 2.44m shares at 121.6p a time
Read moreStandard Life boss's wife buys
17th Jun 2011 14:32
Caroline Nish, the wife of Standard Life's chief executive David Nish, has taken more shares in the insurer, spending £100,000. She took 49,335 shares at 201.4p a pop and now has 620,744. In a trading update in April, David Nish said Standard Life had a good start to 2011. "Strong sales across ou
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