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Showing 111 - 120 of 449 results for "Capital Raising"

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 ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... provisions. ASIC noted the rationale for this is that it provides relief for professional underwriters which leads to capital raising and reorganisation while protecting the underwriters from an early sell-down. In addition, the second amendment allows ...

Value to be found in childcare stocks

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The government's ongoing fiscal support to the childcare industry throughout the pandemic has led to an undervaluation of childcare stock prices despite the COVID-19 surge in Victoria, according to latest research from Morningstar. Morningstar equity ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... however in the six months to June only $132 million was raised. "I cannot remember the last time this level of capital raising was so low. This time last year the funds raised was $820 million and that was considered a soft year. The previous year was ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
The ASX has announced it will extend its temporary capital raising measures until November 30, as a second wave of COVID-19 infections batters Victoria. The measures were originally due to expire on July 31 and granted a temporary class waiver to lift ...