Legal Action
Shares of waste management company Transpacific Industries Group (TPI) rose by 0.5 cents to 80.5 cents today after its former founder and executive chairman Terry Peabody filed a legal action to the company claiming $4.6 million of damages yesterday. Peabody is suing his former company regarding its equity raising.
Shareholders of Babcock & Brown Power (BBP), the largest wind power producer of Australia are planning to file a lawsuit for misleading and deceptive behaviour. The outburst came after the announcement made by B&B, parent of BBP, about refinancing, after the acquisition of Alinta (ALN), an Australian energy infrastructure company.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
