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Showing 221 - 230 of 1944 results for "Proposal"

BWP, Newmark Property REIT set to merge

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... Warehouses, which are leased to Bunnings Group Limited. Bunnings is also one of NPR's major tenants. According to the proposal, the new merger will create a $3.5 billion portfolio of geographically diversified properties, representing a 30% increase ...

Diverger shareholders welcome Count takeover

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
... previously stated recommendation that Diverger shareholders should vote in favour of the Scheme in the absence of a superior proposal. I confirm that no superior proposal has been received," he said. Independent party Lonergan Edwards & Associate, Brook ...

Spheria mulls converting emerging companies LIC

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
Spheria Emerging Companies (SEC) has floated a conditional proposal allowing shareholders to exchange their shares for units in the Spheria Australian Smaller Companies Fund. This follows SEC consistently trading below its net tangible asset (NTA) per ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
The government has released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... of experience delivering advanced technology architecture," CER executive general manager Mark Williamson said. "Its proposal for the Unit & Certificate Register features a customisable digital registry that will integrate seamlessly with other systems ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... MUFG and The Trust Bank to achieve our shared goals," he said. Link's urged shareholders to vote in favour of the proposal in the absence of a superior one. It is subject to the independent expert's assessment if the deal is in the best interests ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
The Financial Advice Association of Australia (FAAA) expressed concerns about Treasury's proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms. Currently, advisers must produce an annual ...

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying the proposal "materially undervalued" its business. WHSP, currently Perpetual's largest shareholder, previously owned a 10% stake. ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... for how they should invest, but this doesn't consider their wider financial situation. Under a "targeted support proposal" advisers could describe to consumers the different methods of accessing their pension when they access it for the first time. ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... fund manager's high financial leverage are impacting its share price and constraining strategic options. It said its proposal offered Perpetual shareholders an opportunity to unlock value through a tax-efficient structure, while still maintaining the ...