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Showing 1 - 10 of 16 results for "Molopo Energy"

Court throws out Aurora fund takeover bid

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
... Management, which acts as a responsible entity for several funds, had a tough year with a failed takeover bid for Molopo Energy and $1 million that went missing from Aurora Property Buy-Write Income Trust that was later traced back to its chief financial ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...

Aurora reshuffles compliance team

ALEX BURKE  |  THURSDAY, 21 JUN 2018
... Taylor. This reshuffle follows Aurora's successful bid, along with Keybridge Capital, to remove the board of Molopo Energy and appoint replacement directors. Keybridge's nominee, William Johnson, had previously been noted by Molopo as being a ...

Molopo board ousted at AGM

ALEX BURKE  |  FRIDAY, 1 JUN 2018
Keybridge Capital and Aurora Funds Management scored a win at the Molopo Energy AGM with a board spill that saw its two nominees elected as non-executive directors. Keybridge's nominee, William Johnson, had previously been noted by Molopo as being ...

Molopo restrained ahead of AGM

ALEX BURKE  |  THURSDAY, 24 MAY 2018
The Takeovers Panel has ruled that, as per an application for an interim order by Aurora Funds Management, Molopo Energy will be unable to make any payment or incurring any liability of more than $175,000. Both Aurora and Keybridge Capital are substantial ...

Keybridge outraged at latest Molopo transaction

ALEX BURKE  |  MONDAY, 14 MAY 2018
Keybridge Capital said its "concerns have now turned to outrage" as Molopo Energy, in which it has a 20% ownership stake, revealed another US$23 million transaction in an asset the manager considers worthless. This transaction with Drawbridge Energy ...

WAM calls to remove Aurora as RE of listed trust

ALEX BURKE  |  TUESDAY, 20 FEB 2018
... under the ASX Listing Rules," WAM said. This latest conflict with WAM follows Aurora partaking in a takeover bid for Molopo Energy, which preceded WAM making its own offer in November. WAM Capital was seeking all ordinary shares in Molopo at a bid price ...

WAM pulls out of takeover deal

ALEX BURKE  |  MONDAY, 8 JAN 2018
Wilson Asset Management, via WAM Capital, withdrew its intention to make a takeover bid for Molopo Energy following the latter making a disqualifying transaction. WAM chair Geoff Wilson explained to the ASX that the takeover bid was announced "following ...

Court shuts down listed investment manager lawsuit

ALEX BURKE  |  FRIDAY, 8 DEC 2017
... Court of Victoria has dismissed an application from a listed investment manager who was attempting to restraint Molopo Energy from acquiring further shares in a Florida oil and gas exploration company. Keybridge Capital had commenced proceedings against ...

RNY unitholders left unpaid after Aurora scandal

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... Police, where it is currently under investigation. Aurora has not responded to requests for comment. Separately, Molopo Energy shareholders have been urged to decline Aurora's takeover bid via the Aurora Fortitude Absolute Return Fund. Molopo's board ...
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