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

Search Results

Showing 111 - 120 of 454 results for "Capital Raising"

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... disruption in Hong Kong along with COVID-19 as to why it was unable to execute its growth plans. "This derailed capital raising efforts and we have decided to self-cease," Wong added. Under the acquisition, Ascalon retained interests in Morphic Asset ...

New York hedge fund invests in Thorney LIC

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... have a substantial shareholding. Thorney Group will invest $2.4 million in the placement. "The proceeds of the capital raising will be used primarily to invest in technology-related companies in both Australia and overseas across the investment life-cycle ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... manager of managed fund services Vicki Riggio. The transaction is conditional on Vitalharvest not conducting any capital raising or assets sales or acquisitions, MIRA said.

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... organisations and sets out nine measures to address conflicts of interest that arise in the key stages of debt capital raising transactions," ASIC said. "The guidance reflects an expectation of high standards of conduct by market intermediaries in the ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... impacts of COVID-19 on capital markets and on the demand for financial advice," the regulator said. Furthermore, the capital raising relief that assists listed companies raise capital quickly without compromising investor protection has been extended ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... has such a poor management record," Prescott said. "This is most recently evident in the dilutive placement and capital raising that was undertaken by CIE in August at a discount to NTA, diluting the value for all long-suffering shareholders, including ...

Boutique appoints chief operating officer

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
... about $220 million in assets under management. Bolger will be responsible for its non-investment functions such as capital raising, investor relations and operational support. Before Watermark, he worked as a business development manager Bennelong Funds ...

ASX revises capital raising measures

ELIZA BAVIN  |  WEDNESDAY, 16 SEP 2020
The Australian Securities Exchange (ASX) has revised its temporary emergency capital raising measures that were put in place to assist companies during the COVID-19 crisis. The ASX said the measures will be tightened as a result of the stabilisation ...

ASX-listed fintech to buy Wirecard

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
An ASX-listed fintech has launched a capital raising to acquire Wirecard's Australia and New Zealand business. Change Financial, a US-focused fintech company, announced it has entered into a binding agreement to acquire all of business assets or Wirecard ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...