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Showing 131 - 140 of 449 results for "Capital Raising"

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... trading halt as it announced a capital raise to bolster the group for a possible prolonged economic downturn. The capital raising comprises a $3 billion fully underwritten share placement at the fixed price of $14.15 per share and a non-underwritten ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... same or a lower price than the placement. "This is so that retail shareholders get to participate in the overall capital raising at a price at least as favourable as the placement," the ASX said. "Entities will now be allowed to do a placement followed ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
... create or maintain an artificial share price for the company. Bell Potter had been the manager and underwriter to a capital raising, resulting in DirectMoney being admitted to the ASX on 13 July 2015. On 16 November 2017, Bell Potter paid a penalty of ...

Melbourne fund tightens redemptions amid COVID-19

KANIKA SOOD  |  FRIDAY, 3 APR 2020
A Melbourne boutique has moved its real estate and infrastructure fund from daily redemptions to monthly, citing COVID-19 volatility and drawdown. Newgate Capital Partners wrote to investors on Wednesday, informing them of the changes in the Newgate ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
Australia's financial regulators stand ready to take a range of actions to ensure the effective operation of financial markets, including the relaxation of some regulatory requirements and the acceleration of outstanding customer remediation. As ...

Superannuation fund hits brakes on raise

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
... after June. "Future Super is experiencing record growth and as such earlier this year we decided to embark on a capital raising process, including meeting with strategic investors from both the financial services sector and the impact investment community," ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... using the platform." "The company continues to be well funded to execute its strategy following the $7.5 million capital raising that was completed in November 2019." Raiz introduced the $2.50 fee for low-balance customers' mid-last year; previously ...

Bell FG appoints director, releases FY results

ALLY SELBY  |  FRIDAY, 21 FEB 2020
Bell Financial Group has appointed an industry veteran as a non-executive director to its board, effective immediately. Christine Feldmanis adds the role to her already impressive resume; currently serving as a director of Perpetual Equity Investment ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
The peak body for financial planners has moved to reiterate its stance against non-client directed fees in financial advice, as consultation opens into the government's review of stamping fees. The Financial Planning Association of Australia has welcomed ...

PIMCO a hit with Aussie instos

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... Bennelong's Aussie equities boutique Touchstone Asset Management raising $1.6 billion, Melbourne boutique Yarra Capital raising $790 million from instos in the period. Also among the top 10 was Janus Henderson's Australian business which picked ...