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Showing 151 - 160 of 524 results for "Voting"

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... super-wealthy. Bandt also called on Labor to help block the tax cuts and pressured the party to "join us in the trenches instead of voting with the Coalition again." However, in interviews after the announcement Chalmers said the Labor party is in support ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... revenue and cost saving synergies. "In Thorney's view, OneVue shareholders will be better off in the medium term by also voting against the proposed scheme and keeping OneVue as an independent entity," he wrote. The shareholder vote is scheduled for ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... still not good enough for Waislitz, who has previously expressed dissatisfaction with the original offer. He will be still voting no at the October 9 meeting, and his Thorney listed investment companies bought more OVH shares yesterday, a spokesperson ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... mid-June they owned 14.96% of OVH stock. They have continued to buy more since IRESS's June 1 offer, and had an 18.25% voting power as at the last disclosure published on the ASX on September 14. "The original offer price of 40 cents per share was ...

Japanese bank makes major voting blunder

ALLY SELBY  |  FRIDAY, 25 SEP 2020
... (SuMi TRUST Bank) admitted to the major miscount after its client Toshiba Corporation called for an investigation into a voting bungle at its shareholder meeting in July. The bank had outsourced its tallying operations to its equity-method affiliate ...

Magellan, Barclays back new firm

KANIKA SOOD  |  MONDAY, 21 SEP 2020
... have a 40% economic interest in Barrenjoey (funded via a new use of 1.2 million shares and $90 million of cash), a 4.99% voting interest and a board position filled by Magellan chief executive Brett Cairns. It will also provide a $50 million working ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... NTA, diluting the value for all long-suffering shareholders, including Lanyon." At the time, Prescott said Lanyon would be voting against the proposal, instead arguing shareholders consider the appointment of new directors focused on restoring value ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... rebuffed, with Elstree at one point saying the liquidity problem had been solved. 360 also increased its shareholding and hence voting power in tandem in AYF over the period, ending as the largest shareholder at present. "[We are] the largest unitholder ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... their shareholders. "We see legal action as a vital third arm of active ownership that compliments engagement and share voting to achieve long-term change for benefit of members," HESTA said. "Curtailing the ability of shareholders to seek legal redress ...

HESTA advocates for change post Rio blast

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... The results of the program will be used to inform how the fund can enact change through shareholder resolutions or proxy voting. HESTA chief executive Debby Blakey said: "We are committed to engaging with companies to understand how they are managing ...

Editor's Choice

Renato Mota takes on new board position

ELIZA BAVIN  |   12:15PM
Renato Mota has joined the board of a $14 billion super fund along with another financial services stalwart.

Aegon AM gears up to take on local bond managers

MICHELLE BALTAZAR  |   12:12PM
Aegon Asset Management is close to launching its first Australian fund, months after the US$446 billion manager unveiled plans to enter the tightly contested local bond market.

MLC slips global shares into neutral, hits gas on alternatives

RIDDHIMA TALWANI  |   11:49AM
MLC has pulled its global and emerging-market equity positions back to neutral, while continuing to deploy capital into alternatives.

North Americans bargain hunt Down Under: Report

KARREN VERGARA  |   10:48AM
North Americans' merger and acquisition (M&A) appetite for Australian companies will only intensify in 2027 as they chase undervalued assets, according to a new report.

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Fiona Macgregor

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GROUP CHIEF EXECUTIVE AND MANAGING DIRECTOR
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Fiona Macgregor has risen through the ranks at TAL, taking the top job in 2024, but her life was touched by the insurance sector long before her tenure with the life insurer began. Eliza Bavin writes.
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