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Showing 1441 - 1450 of 1948 results for "Proposal"

DKN champions fee for service, unveils "land grab" strategy

JOHN MCDULING  |  WEDNESDAY, 10 NOV 2010
... insulated against the Government's proposed reforms. "On the basis of the information released to date, the Government's proposal to ban commissions and volume based rebates will not impact on the fees DKN receives under its existing distribution contracts ...

Fundies face tough ASIC scrutiny

RUTH LIEW  |  FRIDAY, 5 NOV 2010
ASIC released a new consultation paper yesterday seeking industry feedback on whether fund managers should be subject to the same rules that regulate stockbrokers when trading in share markets. This could see fund managers face tougher penalties if ...

Westfield announces restructuring, to launch new A-REIT

JOHN MCDULING  |  WEDNESDAY, 3 NOV 2010
... discount. The trust will seek to raise an additional $2 billion through an offer open to the public. Westfield hopes the proposal will create greater value over time for security holders by increasing future earnings potential and return on equity. The ...

KKR bid signals more M&A in wealth mgmt

RUTH LIEW  |  TUESDAY, 2 NOV 2010
... end of September, down 2 per cent from the prior corresponding period. Meanwhile, Perpetual has rejected KKR's initial proposal but said it's open to an improved offer.

Unitholders approve Challenger mortgage fund restructure

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
... $200 million in senior secured loans over the next 12 months. "It's a relief that our investors strongly supported the proposal because it wasn't easy to design a solution to accommodate their differing needs. Some wanted liquidity while others were ...

Johnson Report holds key to competition

RUTH LIEW  |  THURSDAY, 28 OCT 2010
... RBC Dexia's Australian investment industry poll believed the Johnson Report's recommendation to be the most significant proposal in the report. If implemented properly, it will likely increase the competitiveness of banks operating in Australia, according ...

Goodman makes play for $1.2 billion ING REIT

JOHN MCDULING  |  THURSDAY, 28 OCT 2010
... Industrial Fund, it was revealed this morning. In a statement to the ASX, ING said it had received a "highly conditional" proposal from the consortium to acquire the fund for a cash consideration reflecting a price equivalent to the net tangible asset ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
... the committee overseeing the takeover deal told investors. "I would like to stress to all of our clients, that the KKR proposal is an offer for shares in Perpetual Limited," said Peter Scott, chairman-elect of Perpetual and chair of the committee overseeing ...

Political heat rising on ASX takeover

JOHN MCDULING  |  TUESDAY, 26 OCT 2010
... which applies to all foreign takeovers, and additionally under section 850c of the Financial Services Reform Bill. "This proposal is a matter for those involved, the relevant regulators and subject to a number of formal approvals, so it's not appropriate ...

Perpetual rejects KKR, open to better offer

JOHN MCDULING  |  MONDAY, 25 OCT 2010
Perpetual has rejected Kohlberg Kravis Roberts' (KKR) takeover proposal, but has left the door firmly ajar for an improved offer. "The board considers that the proposed price in the range of $38 - $40 per share does not reflect Perpetual's value," the ...