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Showing 1311 - 1320 of 2739 results for "Shareholders"

CBA faces shareholder class action

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
... statement, Maurice Blackburn said it was partnering with litigation funder IMF Bentham to open registrations for CBA shareholders who purchased ordinary shares between 17 August 2015 and 3 August 2017. Maurice Blackburn noted that shareholders had suffered ...

UK manager partners for Aussie distribution

ALEX BURKE  |  WEDNESDAY, 16 AUG 2017
... measured by RES, has a positive impact on subsequent firm value resulting in significant returns to investors, value for shareholders, lower risk for creditors and benefits to society through sustainability. Environmental and economic returns need not ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
... as the trust's joint portfolio managers. The IPO will consist of a priority offer to 250,000 to 300,000 Magellan shareholders and retail investors and a general public offer. The priority offer will include a loyalty reward of additional units representing ...

Former investment bankers behind new platform

JAMIE WILLIAMSON  |  THURSDAY, 10 AUG 2017
... a strict assessment of the risks and opportunities associated with each investment we facilitate." With 13 other shareholders including former Virgin co-chief executive David Baxby and media personality Craig Hutchison, iPartners is expected to raise ...

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... Livingstone added that chief executive officer Ian Narev retains "the full confidence of the board." Last year CBA shareholders, angered by a recent slate of scandals including charging customers for advice they had never received, voted down the board's ...

IOOF grows against the grain

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2017
... factors. IOOF managing director Christopher Kelaher said meeting the group's commitments to clients, advisers and shareholders was behind the strong financial result. "With our advice-led strategy, there is positive momentum in each of our businesses. ...

Family office merger sees new chief executive

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2017
... corporate and property services for 11 years. As previously announced in the heads of agreement, existing Mutual Trust shareholders will own 65% of the expanded Mutual Trust. Myer Family will own 35% and become Mutual Trusts' largest single shareholder. ...

Class action on the cards for ASX healthcare firm

ALEX BURKE  |  TUESDAY, 1 AUG 2017
An ASX-listed healthcare company is facing a potential class action from shareholders, including major Australian fund managers, following a 37% fall in share price. William Roberts Lawyers has alleged that Sirtex Medical, which manufactures and distributes ...

Financial services ripe for mergers and acquisitions

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
... involved in M&A must ensure they can extract the franking credits without an integrity measure applying - to provide shareholders with certainty, they require the ATO's approval. "In particular, the payment of special dividends is a case where companies ...

Former ME Bank chief joins Powerwrap

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
... Driscoll said: "Anthony Wamsteker is an experienced director, whose appointment has the support of a large number of shareholders." The platform also reaffirmed it is actively seeking to further strengthen its board of directors as it continues to grow ...