COMPANY TIMELINE
2009
Becomes part of the All Ordinaries Index
March 2009 Standard & Poor’s rebalanced the entire S&P/ASX index suite to include Finbar as it becomes an ASX 500 listed company (by market capitalisation).
2010
$20m net profit milestone
2010
Secure first Pilbara project, Pelago West, Karratha
Finbar announces its acceptance by State Government Landcorp assessment panel as the preferred developer of two significant group housing sites in the Karratha town centre. The first stage of the project will commence with an announced and approximated 300 residential apartment project, Pelago West.
2011
$200m market capitalisation
2012
Complete company’s first Pilbara project
June 2012 Finbar completes construction on the Pelago West development with 114 apartments. Pelago West is the first stage of Finbar's Pelago Projects in Karratha. Pelago West was a bold step towards delivering on the WA Government's Pilbara Cities vision to turn Karratha into a City of the North with a planned population of 50,000.
