Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 132 results for "NTA"

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... property funds, had its licence cancelled in August last year after the company failed to rectify the ongoing breach of the NTA condition of its licence to the Commission's satisfaction. Since that time Opus had the cancellation set aside by the Administrative ...

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
... decision to cancel Opus' licence was made after the company failed to rectify an ongoing breach of the Net Tangible Assets (NTA) condition of its licence to the Commission's satisfaction. Opus applied to the Administrative Appeal Tribunal's (AAT) seeking ...

Dissident investors could prompt REIT revival

MATT WOODINGTON  |  TUESDAY, 7 JUN 2011
... could be set to spark the Australian REITs sector back to life as investors act to realise the value of net tangible assets (NTA). A-REITs continue to trade at an NTA discount with the sector still recovering from the mauling it took during the GFC. ...

Charter Hall battling hedge funds over office REIT

MATT WOODINGTON  |  TUESDAY, 31 MAY 2011
... 18.2 per cent of Charter Hall Office REIT. Total hedge funds ownership in the trust may be closer to 40 per cent. With an NTA per unit of $3.96, the hedge funds are impatient to cash in on the US portfolio but are also threatening to call a resolution ...

Property managers stifled by lenders

MATT WOODINGTON  |  MONDAY, 16 MAY 2011
... funding would be their biggest issue over the next year, while the abolition of Stamp Duty and a review on net tangible assets (NTA) are also high on the agenda. Although sentiment within the property sector has improved in the past twelve months, banks ...

ASIC moves to protect OTC retail investors

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
... important the interests of all parties are aligned," he added. ASIC has proposed a requirement to hold net tangible assets (NTA) of at least the greater of $1 million or 10 per cent of average revenue, replacing the current requirements to hold surplus ...

Bell IXL eyes India Equities

RUTH LIEW  |  THURSDAY, 4 NOV 2010
... shareholders, following repeated attempts by the board to bridge the gap between the share price and the value of net tangible assets (NTA). The proceedings also saw John Pereira resign from his role as INE chief executive. Bell IXL was established in ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... financial services license (AFSL) in August after the company "failed to rectify an ongoing breach of the net tangible assets (NTA) condition of its licence to the Commission's satisfaction", the regulator said. In September, Opus successfully argued ...

NTAA challenge planners to cut fees

ELISE BURGESS  |  TUESDAY, 19 OCT 2010
Full fee disclosure and an open discussion with clients are necessary to improve the credibility of the financial planning industry, according to a planning association. A newly established financial planning association yesterday said that the financial ...

Commercial property regains appeal: survey

ELISE BURGESS  |  MONDAY, 11 OCT 2010
... in commercial property in their portfolios, although emerging market opportunities such as REITs trading at a discount to NTA are changing investor attitudes. "Institutional investors such as superannuation funds, high net worth individuals and syndicators ...