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Qube Holdings Ltd (QUB.AX)

QUB.AX on Australia Stock Exchange

2.57AUD
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Qube Holdings expects to deliver an increased underlying net profit after tax in FY 17
Tuesday, 21 Feb 2017 05:20pm EST 

Qube Holdings Ltd - :Qube expects to deliver an increased underlying net profit after tax in fy 17.  Full Article

Qube Holdings says HY revenue from ordinary activities $755 million vs $689.5 million
Tuesday, 21 Feb 2017 05:18pm EST 

Qube Holdings Ltd : Hy revenue from ordinary activities $ 755.0 million versus $689.5 million . Hy net profit attributable $ 47.8 million versus $49 million . Interim dividend 2.7 cents per share . "Expect underlying earnings to improve in both its operating divisions reflecting strategic network of assets, diversified activities and innovative, cost-effective logistics solutions" .Qube expects to deliver an increased underlying net profit after tax in fy 17.  Full Article

Galaxy Resources finalises export agreement with Esperance Port
Tuesday, 25 Oct 2016 09:03pm EDT 

Galaxy Resources Ltd : galaxy finalises export agreement with esperance port,qub-gxy.ax . Received key approvals from department of environmental regulations ("der") and southern ports authority . approval to export spodumene, produced at its mt cattlin project .has awarded qube holdings ltd (asx:qub) haulage and port services contract for its mt cattlin lithium and tantalum project.  Full Article

Galaxy Resources finalises export agreement with Esperance Port
Tuesday, 25 Oct 2016 05:25pm EDT 

Galaxy Resources Ltd : galaxy finalises export agreement with esperance port,qub-gxy.ax . Received key approvals from department of environmental regulations ("der") and southern ports authority . approval to export spodumene, produced at its mt cattlin project .has awarded qube holdings ltd (asx:qub) haulage and port services contract for its mt cattlin lithium and tantalum project.  Full Article

Qube posts FY NPAT attributable $82.0 million
Tuesday, 23 Aug 2016 06:57pm EDT 

Qube Holdings Ltd : Results for announcement to the market . FY revenue from ordinary activities $1.332 billion versus $1.46 billion . FY NPAT attributable $82.0 million versus $85.9 million . Says final dividend of 2.8 cents per share . In FY 2017, Qube expects earnings growth in both its operating divisions . Contribution from the strategic assets division is expected to reduce significantly in FY 17 . Earnings from moorebank are expected to progressively increase over the medium term . Qube presently expects to report increased underlying earnings in FY 2017 . Does not expect any change to the challenging market conditions in FY 2017 .  Full Article

Asciano says application to delist Co from ASX will be made shortly
Thursday, 18 Aug 2016 11:40pm EDT 

Asciano Ltd : Asciano scheme of arrangement implemented . Says an application to delist Asciano from the asx will be made shortly .  Full Article

Qube entered into an agreement with Aurizon
Monday, 1 Aug 2016 08:14pm EDT 

Qube Holdings Ltd : Qube moves to 100% of Moorebank and CPPIB subscription . Says acquisition includes Aurizon'S 33% interest in the Moorebank Industrial Property Trust . Says total consideration payable to Aurizon is $98.9 million . Entered into an agreement with Aurizon Holdings Limited to acquire all of Aurizon'S interest in the Moorebank Project .Says purchase price will be funded from Qube'S existing undrawn debt facilities.  Full Article

Australian Competition & Consumer Commission will not oppose acquisition of Asciano
Wednesday, 20 Jul 2016 07:01pm EDT 

Australian Competition & Consumer Commission (ACCC): Will not oppose acquisition of Asciano . Concluded there is not likely to be a substantial lessening of competition in any market . Will not oppose proposed acquisition of Asciano by a consortium comprising Qube, Brookfield infrastructure partners . Parties have restructured proposed acquisition so that ACFS will no longer be vertically aligned with Patrick . Effect of proposed acquisition is substitution of Qube for ACFS as downstream container logistics provider linked to Patrick .Considered NSW ports has an incentive to limit any discrimination by Patrick container terminals in favour of Qube's interests.  Full Article

Asciano updates on scheme of arrangement related to acquisition of shares held by Asciano Shareholders
Thursday, 2 Jun 2016 07:08pm EDT 

Asciano Ltd : Refers to scheme of arrangement which involves Australian Logistics Acquisition Investments acquiring all shares held by Asciano shareholders . Says Asciano now expects firb approval to be received shortly after ACCC approval is received . Expects to receive New Zealand overseas investment office approval before the revised second court hearing date .  Full Article

Asciano comments on ACCC Statement of Issues
Wednesday, 25 May 2016 08:09pm EDT 

Asciano Ltd : Notes that the Australian competition and consumer commission (accc) released a statement of issues . Board of directors unanimously recommends that Asciano shareholders vote in favour of the scheme . Says expects to approach the court to defer the date of the second court hearing beyond the currently scheduled date of 9 June 2016. .  Full Article

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BRIEF-Qube comments on ACCC's approval of acquisition of Australian Amalgamated Terminals

* notes announcement by ACCC today that it will not oppose acquisition of 50% interest in australian amalgamated terminals