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Neptune Addition to Board of Directors

Neptune Marine Services Limited (ASX: NMS - Neptune or the Company) is pleased to announce that Mr Peter Wallace has been appointed as a Non-Executive Director to the Board of Directors, effective immediately.

Neptune Delivers On Key Milestones In Restructure

Neptune Marine Services Limited (ASX: NMS, Neptune or the Company) confirms it has delivered on key elements of its operational restructure, including finalising $9.5 million in annual cost savings,progress in the non-core asset sale program, and confirming the board succession plan. Neptune is also pleased to report that its underlying operations remain stable, posting a break-even result before interest and tax for the March quarter as restructuring measures begin to take effect.

Neptune confirms sale of the Neptune Trident vessel

Neptune Marine Services Limited (ASX: NMS - Neptune or the Company) today announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel.

Neptune Strengthens Board with New Appointment

Neptune Marine Services Limited (ASX: NMS - Neptune or the Company) is pleased to announce the Chief Executive Officer of MTQ Corporation Ltd (MTQ), Mr Boon Wee Kuah, has joined the Neptune Board of Directors. Earlier this month, the Singapore-based company became a key cornerstone investor in Neptune.

Neptune Capital Raising Update

Neptune Marine Services Limited (ASX: NMS, Neptune or the Company) is pleased to announce it has closed the shortfall placement component of its capital raising. The Company has now raised a total of $65 million incorporating the funds raised under the entitlements issue that closed on 1 March 2011.
Articles 31 to 40 of 66