An Australian construction products and materials giant. Although Pioneer have a small investment in mining, it is generally ancillary to their "core business". However, they were the parent company (100%) behind Queensland Mines Ltd (QML) - owner/operator of the controversial and former Narbalek uranium mine in Arnhem Land, NT. This project was even more unusual from their core business, yet it remained an important asset to Pioneer. Pioneer also has an interest in providing capital infrastructure, raw materials, transport, fuel and lubricants, to other uranium miners. Pioneer Aggregates (UK) is the consistent target of environmental protestors.
Directors : David Hoare (Chair), John Schubert (Managing Director), Frank Blount, Rod Cameron, Mark Johnson, Kevin McCann, John Ralph, Sir Peter Reynolds, Ian Stanwell Contacts : Level 46, Governor Phillip Tower, 1 Farrier Plc, Sydney, NSW 2000
Ph (02) 9323 4000 - Fax (02) 9323 4009Website : http://www.pionint.com.au/ ASX Codes : Shares - PIO (Home Exchange - Sydney, NSW) State/Country : New South Wales, Australia Annual Reports : See or request from website (PDF) ACN : 000-186-845 Share Registry : Perpetual Registrars Ltd - Securities Registration Services Level 8, 580 George St, Sydney, NSW 2000 Top 20 Shareholders (18-August-1999)
Company or Entity Share (%) 1 Chase Manhattan Nominees Ltd 15.70 2 Westpac Custodian Nominees Ltd 12.99 3 National Nominees Ltd 9.76 4 ANZ Nominees Ltd 6.44 5 AMP Life Ltd 2.51 6 BT Custodial Services Ltd 2.45 7 MLC Ltd 2.12 8 Perpetual Trustees Nominees Ltd 2.07 9 Perpetual Trustee Company Ltd 2.00 10 Queensland Investment Corporation 1.91 11 National Mutual Trustees Ltd 1.65 12 Citicorp Nominees Pty Ltd 1.55 13 Perpetual Trustees Australia Ltd 1.39 14 Commonwealth Custodial Services Ltd 1.31 15 Australian Foundation Investment Company Ltd 1.27 16 HKBA Nominees Ltd 0.75 17 GIO Personal Investment Services Ltd 0.55 18 The National Mutual Life Association of Australasia Ltd 0.55 19 Djerriwah Investment Ltd 0.45 20 Permanent Trustee Australia Ltd 0.43 Total - 67.85% of Ordinary Shares No. of Ordinary Shareholders - 39,352 Director's Interests
- David Hoare - Director since March 1991, Chair since June 1994, Chair of Telstra Corporation Ltd, Australian Graduate School of Management; Director Bankers Trust Australia Ltd, Comalco Ltd; Fellow of the Senate, University of Sydney. Chair of the Higher Education Review Committee.
- John Schubert - Former Chair and Managing Director of Esso Australia Ltd, Director of Commonwealth Bank of Australia, Business Council of Australia, Australian Graduate School of Management.
- Frank Blount - Former Managing Director of Telstra Corporation Ltd, Director of National Australia Bank, BHP, Entergy Corp., First Union National Bank of Georgia and Caterpillar Inc.
- Rod Cameron - Director since May 1988, Former Chair of Coopers & Lybrand, Chair of Zurich Australian Insurance Holdings Ltd. Director of Polartechnics Ltd, Colonial State Bank of NSW and The Smith Family.
- Rovert Elstone - Former Chief Financial Officer of Air New Zealand.
- Mark Johnson - Chair of Macquarie Corporate Finance Ltd, Director of Macquarie Bank Ltd, The Australian Gas Light Company, Biota Holdings Ltd, Victor Chang Cardiac Research Institute Ltd.
- Kevin McCann - Chair and Partner of Allen Allen & Hemsley, Healthscope Ltd, Triako Resources Ltd and Chair-Elect of Sydney Harbour Federation Trust. Director of Macquarie Bank Ltd, Textron Pacific Ltd, Orogen Minerals Ltd.
- John Ralph - Former Managing Director of CRA Ltd, Chair of Pacific Dunlop Ltd and Fosters Brewing Group. Deputy Chair of Commonwealth Bank of Australia and Telstra Corporation Ltd, Director of BHP Ltd.
- Sir Peter Reynolds - Chair of UK-sibsidiary Pioneer Concrete Holdings PLC. Former Chair and Managing Director of Ranks Hovis McDougall. Director of Boots Company PLC, Guardian Royal Exchange PLC, Avis Europe Ltd, Cliva Holdings PLC.
- Ian Stanwell - Former Managing Director of the AMP Society, Deputy Chair of Munich Reinsurance Company of Australia Ltd.
References Pioneer International Annual Report 1998 & 1999. Mudd (1998).
Last updated November 21, 1999.
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