Ian Law, Managing Director of Western Australian radio and newspaper group, WA News, will address the Australian Institute of Company Directors today in Perth.

Law will be at the Parmelia Hilton in Mill Street to speak on West Australian Newspapers Limited – a satisfactory return through yield and growth

Recently, WA News posted a yearly high on the Australian Stock Exchange, touching $7.09 before a record close at $7.05, up 10¢.

The company publishes The West Australian and 19 regional newspapers, and already owns Redwave Media, Broadcasting as WAFM, RedFM and The Spirit Network throughout regional WA.

Also in recent times, WA News has been among a number of operators, reportedly linked to negotiations with DMG radio to buy its regional stations.

While rejecting the speculation, WA News does admit it is still interested in expanding outside its home state.

At the time, Ian Law said the company casts its eye over many media assets, but is wary of overpaying for anything.

“We are not in discussions with DMG, but that is not to say we don’t look at all media assets and options.

“It all comes down to price. We would look at a number of companies, just as a number of companies would look at us … everybody is looking at their options.”