Linc Energy Limited (ASX:LNC) (PINK:LNCGY) today announces that Mr Brian Johnson has advised the Board that he intends to stand down as Chairman and resign from the Board at the Annual General Meeting in November this year.
SAI Global Limited (ASX:SAI) (PINK:SGLOF) today announced a record net profit after tax of A$33.7M, an increase of 29.2% on last year's result. Continued organic growth plus contributions from recent acquisitions combined to produce revenue growth of 21.1% to A$392.2 million despite the impact of the stronger Australian dollar relative to the prior period. EBITDA increased to A$76.1M, up 18.4% on FY09. Operating cash inflows were strong, up 34.3% to A$51.5M.
Bow Energy Limited (ASX:BOW) (PINK:BOWYF) is pleased to announce that it has appointed Mr Peter Harbison to the position of Chief Financial Officer.
Today Australian shares continued their losing streak in early trade, despite a positive lead from Wall Street. Yesterday the Asian and Australian market declined massively on the back to credit ratings downgrades for Greece and Portugal. Australian market's decline today was led by financial shares.
SAP Asia Pacific Japan today announced the appointment of Hera K. Siu as President, SAP China (ETR:SAP). Reporting directly to Steve Watts, President, SAP Asia Pacific Japan, Ms. Siu will assume responsibility for all aspects of SAP China's operations with particular focus on continuing to grow SAP's on-premise, on-demand and on-device solutions in China.
Asian stocks saw modest gains Wednesday on hope of a bailout package for Greece. Australian market was boosted yesterday as official data showed that Australia's economy grew 0.9 per cent in fourth quarter, its fastest quarter-to-quarter pace in almost two years. Japan's Nikkei index ended up 0.3 per cent. South Korea's Kospi Composite rose 0.5 per cent. Shanghai Composite climbed 0.8 per cent higher. But Hong Kong's Hang Seng Index closed 0.1 per cent lower. Today Asian markets are likely to open flat, after Wall Street declined slightly on Wednesday.
Ashoka Buildcon has been independently certified by International Standards Certifications (ISC) against the international standard for greenhouse gas reporting, ISO 14064. The news comes following India's announcement in December last year that it would slow the growth of the nation's greenhouse gas emissions by 2020.
