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TC Growers closer to buying Timbercorp assets

BY RUTH LIEW | TUESDAY, 11 AUG 2009 11:45AM

First Super-backed TC Growers is a step closer to acquiring the failed Timbercorp's forestry assets.

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Editor's Choice

Pengana Capital Group's board informed shareholders that although the company's current share price doesn't reflect its true value, it's paused its share buyback program until uncertainties around the Employee Share Loan Plan are settled.

QIC reports $9bn record earnings

KARREN VERGARA

Queensland Investment Corporation's (QIC) earnings topped a record $8.9 billion in the last financial year, buoyed by most investments outperforming their targets.

GSFM welcomes new chair

MATTHEW WAI

Following the retirement of its founder and executive chair Andrew McKinnon, GSFM has appointed his successor to its board.

Commonwealth Bank shakes up executive leadership team

ANDREW MCKEAN

Commonwealth Bank has overhauled its executive leadership team after two senior members signalled their intent to retire next year.

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