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Showing 1221 - 1230 of 3465 results for "Stake"

CountPlus firm completes tuck in acquisition

ANNABELLE DICKSON  |  MONDAY, 21 DEC 2020
... Ltd has finalised terms to acquire 50% of Stirling Partners Chartered Accountants. Bentleys will pay $1.09 million for the stake made up of an initial payment and the remaining balance due in 12 months based on the achievement of minimum revenues. As ...

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The Australian Taxation Office assistant commissioner said he is focused on ensuring SMSFs remain a strong and credible retirement planning choice for Australians going forward. In an end of year message, assistant commissioner Justin Micale said as ...

ME Bank acting chief made permanent

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
ME Bank has promoted its acting chief executive to the role permanently, following Jamie McPhee's resignation earlier this year. Adam Crane joined the bank as chief financial officer in 2019 and was promoted to acting chief executive in July following ...

Charter Hall adds three properties

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... property to be developed in Caboolture, Queensland for $28.1 million. CLW recently completed the acquisition of a 49.9% stake the Parap Tavern, a pub in Darwin, Northern Territory for $9.8 million. CLW fund manager Avi Anger said Bunnings Caboolture ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance Group Holdings, the parent company of Mitsui ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Westpac has announced the sale of Westpac Fiji and the majority stake of its operations in Papua New Guinea to Kina Securities. Kina Securities will pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which combined have net assets of ...

J.P. Morgan names new APAC equity strategy head

ELIZABETH MCARTHUR  |  MONDAY, 7 DEC 2020
J.P. Morgan has confirmed the appointment of a new chief Asia Pacific equity strategist. Jason Steed will step into the role, based in Sydney. Steed has been with J.P. Morgan for more than a decade. Prior to this latest promotion, he led the Australian ...

AMP Capital APAC managing director exits

JAMIE WILLIAMSON  |  FRIDAY, 4 DEC 2020
... public markets. The spokesperson said the recent repurchase of Mitsubishi UFJ Trust and Banking Corporation's (MUTB) 15% stake in AMP Capital is also a factor. "In his time with the business, including in his three years based in Japan, Craig has ...

ASIC consults on consumer remediation

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
ASIC has released a consultation paper to update the regulatory guide on client review and remediation conducted by financial advice licensees. Regulatory Guide 256: Client review and remediation conducted by advice licensees will be clarified through ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
The major stock exchange has put into motion new rules that will require its companies to have at least one female and one person who identifies as either an underrepresented minority or LGBTQ+ on boards. Nasdaq has filed the proposal with the US Securities ...