Hudson Investment appoint Alan Beasley as managing director
Hudson Investment Group Limited has appointment Alan Beasley as its managing director.
Beasley is a former vice president of Bankers Trust Australia for 13 years and more recently served Goldman Sachs Australia, Massachusetts Investment Advisors, and BNP Paribas as country head and managing director of the Asset Management businesses.
Hudson Investment Group Limited (HGL) is engaged in investment, management and development of commercial properties in Australia.
HGL manages and develops properties in Australia, including a factory and office complex at Warnervale and a Sydney car park owned by Hudson Property Trust (HGL’s 100% subsidiary).
The Warnervale 44.5 hectare site on the NSW Central Coast is partially leased to Bunnings Group Limited.
The company’s commercial car park located at Hudson House, 131 Macquarie Street in Sydney’s CBD is a prime asset catering for nearby hotels, including the Intercontinental Hotel, Sofitel Wentworth and Sir Stamford), Conservatorium of Music and Medical and Dental centres.
The car park is managed by Secure Parking Pty Ltd.
It also processes and distributes attapulgite based products and also manufactures specality absorbent products for waste water application, explores coal tenements and involved in resource projects through Hudson Resources.
Juliana Tan has advised the company of her resignation as a director, but will provide advisory services to the company.
Juliana Tan previously worked for PriceWaterhouse Coopers as a Chartered Accountant. She has been with the company since 2003.
Last September Hudson Investment Group reported net loss of $11 million for the half-year ended 30 June 2014.
Revenue from ordinary activities were $6.83 million, up 1.44% annually.
Late last year Hudson Investment Group advised that it will implement a share purchase plan offering eligible shareholders the opportunity to purchase shares in HGL without brokerage or other related charges. The offer price is 4 cents per share, rounded up to the nearest one tenth of one cent.
It was in the early 2000s when John Farey became executive chairman of Hudson Investment Group.
Bruce McLeod was another past managing director.