news
Biogen IPO withdrawn
The Directors of Biogen Limited have withdrawn the company's Initial Public Offer and are reviewing alternate Corporate Strategies. Click here for our media release.
Biogen IPO Closing Date extended
The Directors of Biogen Limited have extended the closing date for the Offer until 14 April 2009.
Biogen lodges Second Supplementary Prospectus - 27 November 2008
Biogen Limited has lodged a Second Supplementary Prospectus with the ASIC. The Second Supplementary Prospectus Provides information regarding the $2.5 million funding grant awarded to Biogen by the NSW Government Climate Change Fund.
Biogen awarded $2.5 million by NSW Climate Change Fund
Biogen Limited has been awarded funding of $2.5 million by the NSW Government’s Climate Change Fund Renewable Energy Development Program. Click here for our media release.
Supplementary Prospectus Lodged - 13 November 2008
Biogen Limited advises that it has lodged with ASIC today its Supplementary Prospectus to extend the Offer Period to 28 January 2009.
The Supplementary Prospectus should be read in conjunction with the Prospectus of the Company dated 4 September 2008.
Biogen IPO Closing Date extended
The Directors of Biogen Limited have resolved to apply to the ASIC for class order relief to extend the time for quotation of the Company's securities on the ASX until 19 January 2009.
Accordingly, the closing date for the Offer has been extended until a Declaration is made by the ASIC in relation to the application.
Interview with Finance News Network
Biogen Managing Director, Robert Lukin, and Non-Executive Director, Ted Farrell, have participated in an interview with Finance News Network journalist Clive Tomkins. Click here to view the interview.
Plan for biomass generators to produce green energy
The Australian - 24 September 2008
The following article appeared in The Australian on 24 September 2008
Biogen mentioned in the Australian Financial Review
24 September 2008
Biogen's IPO is discussed in the following article that appeared in The Australian Financial Review on 24 September 2008
New IPO to fund Sydney's first biomass-fuelled renewable energy generator
10 September 2008
Biogen Ltd, a renewable energy company, yesterday lodged its listing application to list on the ASX. The funds raised by the company’s Initial Public Offer will be used to progress plans to build Sydney’s first biomass-fuelled renewable energy generator.
Bioenergy, often referred to as the forgotten renewable, offers significant advantages as it is not reliant on hours of sun or wind and provides energy 24 hours a day. It is used extensively in Europe and the USA but is underrepresented in the Australian renewable energy mix.
Biogen’s Sydney generator will be fuelled by woody green-waste, diverted from landfill. It will power more than 25,000 homes and save over 300,000 tonnes of greenhouse gas emissions annually. It will avoid the release of methane from diverted landfill and will reduce the impact of burning fossil fuels such as coal by meeting the increasing demand for electricity from a renewable source.
For a copy of Biogen’s prospectus visit the Biogen website www.biogen.com.au or call 02 9250 1888
For media enquiries please call TedFarrell on 0418 424 939
Biogen lodges prospectus with ASIC - 4 September 2008
Biogen is delighted to announce that it has lodged its prospectus with ASIC on 4 September 2008 to raise up to $3,000,000 and list on the ASX.
Biogen appoints new director - Dec 2007
Biogen is delighted to announce the appointment of a new director, Stuart Henry.
Stuart was elected of the World Plumbing Council (WPC) Executive in 1999 and was elected Chair in 2001. He was responsible for WPC’s incorporation in Geneva. As WPC Chair he provided global leadership in the development of strategies in the critical areas of water and energy conservation, green house gas emissions and public health working with international organisations such as World Health Organisation and the International Council for Building.
As a plumbing and building industry representative he played a key role in industry reform processes at a local, national and global level and has been closely involved with development of new legislation with several governments and various public sector agencies. He has extensive experience in negotiation with employers and trade unions as well as many other policy-based advocacy groups. He worked in the petroleum and gas industry in the United Sates of America and was involved in the successful listing of a company established to commercialise innovative new technology for onshore oil production. He was involved in all aspects of the venture including raising capital and product development.In addition to the wealth of commercial and organisational experience Stuart brings to the board, he has most recently served as the Federal Member for Hasluck in the Australian Parliament.