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Showing 1371 - 1380 of 2671 results for "Purchase"

Market Wrap AM

AAP  |  TUESDAY, 20 JAN 2015
The Australian market looks set to open slightly lower, following falls in metals and oil prices overnight. At 0650 AEDT on Tuesday, the March share price index futures contract was down five points at 5,260. Copper and oil futures closed lower, weighed ...

WAM Capital announces $100m share purchase plan

STAFF WRITER  |  MONDAY, 12 JAN 2015
Listed investment company WAM Capital has announced a $100 million share purchase plan (SPP). The SPP will be offered to existing shareholders at the fixed price of $1.90 per share. Shareholders who participate in the offer will be entitled to the 7.0 ...

Investec property fund acquires $8.1m warehouse

MARK SMITH  |  MONDAY, 12 JAN 2015
... The acquisition, effective from 22 December 2014, caps off a busy year for the fund which added properties to the total purchase price value of $155.5 million in 2014. The portfolio is now comprised of ten industrial properties and five office properties. ...

NZ Super and Infratil buy RetireAustralia

MARK SMITH  |  MONDAY, 5 JAN 2015
... operator RetireAustralia. The sovereign wealth fund and the asset manager will take 50% each after entering into a sale and purchase agreement worth $640.2 million. The two entities will front up $429.5 million between them in cash equity with the balance ...

NZ Super Fund takes big stake in LanzaTech

AAP  |  TUESDAY, 9 DEC 2014
The New Zealand Superannuation Fund (NZSF) has taken a 17% stake in gas-to-liquid company LanzaTech. The stake, purchased for invested $US60 million ($A64.92 million) values the company at about $US400 million and makes the super fund the second-biggest ...

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... the interests of advisers and consumers." The FSI did not recommend removing all commissions "as some consumers may not purchase life insurance if the advice involves an upfront fee." The inquiry did not determine either the percentage amount of the ...

Investec property fund adds more real estate

STAFF WRITER  |  FRIDAY, 5 DEC 2014
... has acquired two new industrial properties in Newcastle and the western Sydney suburb of Wetherill Park, for a joint purchase price of $26.9 million. The two newly acquired properties are underpinned by long-term leases to a single tenant, and provide ...

ECB came bearing no pre-Xmas cheer

BENJAMIN ONG  |  FRIDAY, 5 DEC 2014
... interest rates and TLTRO (targeted long-term refinancing operations) and asset-backed securities programme and covered bond purchase programme to work and make outright QE not necessary. This, or as we've witnessed at the height of the European sovereign ...

SMSF court case highlights penalty uncertainties

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... for personal matters has highlighted the uncertainty around penalties. The fund, totaling more than $260k, was used to purchase residential property and then lease it to the trustees' son, as well as to buy stud cattle, a caravan and other motor vehicles. ...

Market Wrap AM

AAP  |  FRIDAY, 28 NOV 2014
The Australian market looks set to open lower after the OPEC oil cartel decided not to cut output despite a supply gut and falling crude prices. At 0825 AEST on Friday, the December share price index futures contract was down 17 points at 5,397. Wall ...