It appears that defeat of a minority shareholder’s resolution to remove the Aconex chairman Martin Hosking at an EGM last month (post 1, post 2) hasn’t ended the discontent within the highest echelons of the Melbourne-based construction collaboration technology business. Questions have now been asked about the role of another member of the board, with …
Tag: shareholders
Permanent link to this article: https://extranetevolution.com/2011/02/aconex-director-under-scrutiny/
Jan 30 2011
Aconex boardroom coup averted
The apparent shareholder dissent at Melbourne, Australia-based construction collaboration technology vendor Aconex has been quelled it seems, at least for the time being (see Boardroom bickering back on the Aconex agenda, 18 January). Having had several conversations recently with Aconex contacts (in preparation for another blog post, forthcoming), I have learned that the EGM resolution …
Permanent link to this article: https://extranetevolution.com/2011/01/aconex-boardroom-coup-averted/
Nov 17 2009
“A tough year for BIW”
Duncan Mactear of 4Projects has forwarded me an article about [my former employer] BIW Technologies, published recently to subscribers to Megabuyte.com (an “invaluable source of market intelligence for IT companies, their advisers and investors providing in-depth coverage of the corporate and financial affairs of all of the UK’s leading listed and privately owned software & …
Permanent link to this article: https://extranetevolution.com/2009/11/a-tough-year-for-biw/
Apr 13 2009
Asite asides
Asite is not the only business proposing to de-list from London’s Alternative Investment Market (AIM – see post and follow-up). According to The Guardian, research by law firm Trowers & Hamlyn shows that de-listings are up a record 33% in the year to March 2009, as the credit crunch forces many to the wall. Financial …
Permanent link to this article: https://extranetevolution.com/2009/04/asite-asides/
Sep 22 2008
Aconex gets private equity injection
The Australian business press (eg: Melbourne’s The Age, Australian IT, MIS Australia, Smart Company Briefing) has been busy reporting news that Australia-based SaaS-based construction collaboration technology vendor Aconex has secured a AU$107.5m (£48.8m) private equity investment (see also Aconex news release and listen to ZDnet Australia podcast). Not since the reckless days of the dot.com …
Permanent link to this article: https://extranetevolution.com/2008/09/aconex-gets-private-equity-injection/