Prime becomes Babcock and Brown

DALRYMPLE Bay Coal Terminal operator Prime Infrastructure has implemented a restructure, which includes a name change to Babcock and Brown Infrastructure (BBIL), effective July 1.
Prime becomes Babcock and Brown Prime becomes Babcock and Brown Prime becomes Babcock and Brown Prime becomes Babcock and Brown Prime becomes Babcock and Brown

Dalrymple Bay Coal Terminal. Courtesy Prime Infrastructure.

Staff Reporter

The company's shares will no longer be traded under the Australian Stock Exchange code "PIF", but will utilise the code "BBI" from tomorrow.

The Prime Infrastructure Trust (PIT) has also changed its name to Babcock and Brown Infrastructure Trust (BBIT).

Christopher Chapman, Douglas Clemson and Leigh Hall have all resigned as directors of BBIL and been appointed as directors of Babcock and Brown Investment Services (BBIS). Joining them on the BBIS board will be David Hamill and Barry Upson.

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