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Showing 10621 - 10630 of 10710 results for "May 2012"

ASIC appoints liquidator to Queensland property company

The Australian Securities and Investments Commission (ASIC) has obtained orders in the Supreme Court of Queensland for a liquidator to be appointed to First Foundation Developments and a receiver to be appointed over the property of David Kennedy, also ...

Tower accepted $1.35 on fears of 'catastrophic' share price fall

Tower chairman Olaf O'Duill has revealed that the fear of a 'catastrophic' fall in the company's share price persuaded its board to accept the security of a fully underwritten offer of $1.35 per share from Guinness Peat Group even though the market ...

Administered companies still obliged to report: ASIC

The Australian Securities and Investments Commission (ASIC) has released an interim policy statement outlining the financial reporting and annual general meeting obligations of externally administered companies. PS 174 comes hand-in-hand with an ASIC ...

Interest rates and strength of Australian dollar to rise: NAB

The Reserve Bank of Australia's (RBA) cash rate is expected to remain unchanged at 4.75 per cent till the March quarter of 2004 and may rise to 5% in June 2004 and onwards to 5.25% in September 2004, according to National Australia Bank (NAB) predictions. ...

ASIC absolves Platinum over misleading Herald advertisement

The Australian Securities and Investment Commission (ASIC) today said it was satisfied that Platinum Asset Management was not responsible for an advertisement that appeared in The Sydney Morning Herald on May 28 that included out-of-date performance ...

Morning market wrap: Nasdaq bounces back

The Nasdaq bounced back over the 1,600-point mark after losing ground on Monday, finishing at its highest point since May 31 2002. The Australian dollar also strengthened overnight, moving back above US$0.66. All Ordinaries: 2991.90 (+0.00) Dow Jones ...

OFM raises $6.2 million for property and mortgage development

OFM Investment Group (OFM) has completed the first part of its capital management plans, it announced today, raising $6.20 million by way of a placement of ordinary shares to institutional investors. OFM intends to use the capital raised to fund the ...

van Eyk calls for investor caution in retail hybrid sector

van Eyk Research has warned investors that the hybrid sector is a heavily concentrated, complex and evolving market that brings its own particular risks and may not be able to deliver expected returns of around 8.5-10 per cent. "Investors have stampeded ...

RBA to leave interest rates unchanged predicts ICAP

At least two countries - and possibly as many as five - out of Australia, Canada, the UK, the European Monetary Union (EMU), New Zealand and Sweden will decide to cut interest rates following their monetary policy meetings this week, today's ICAP weekly ...

Saxby Bridge wins reprieve, Braysich ban lifted

The Administrative Appeals Tribunal (AAT) has upheld an appeal by Sydney's Saxby Bridge Financial Planning and ABS Securities to request that the Australian Securities and Investments Commission (ASIC) reinstate its securities dealers' licences, albeit ...