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Showing 241 - 250 of 1150 results for "A3 Group"

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
ASIC filed a contempt application in the Federal Court against James Mawhinney, the founder of Mayfair 101. The contempt order is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned ...

Link to provide due diligence information

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
The Link Group board has agreed to provide Carlyle Asia Partners with non-exclusive due diligence following its takeover offer. Link said it was appropriate to provide Carlyle Group with the due diligence information so it can develop a revised takeover ...

European syndicate bids for Link subsidiary

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... banking and credit management arm for $87 million. Pepper European Servicing (not part of ASX-listed Pepper Money) and a group of firms offered €55m ($86.5m) for the unit, which operates as BCMGlobal, a loan and asset management service provider. If ...

Carlyle Group bids for Link

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
Carlyle Asia Partners has made a takeover offer for 100% of Link Group, valuing it at $5.38 per share - a significant premium. Carlyle Group's offer is made up of $3 per share cash offer for Link Group and a pro rata distribution of Link Group's shareholding ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... received over 11,000 claimants. It will issue proceedings on a rolling basis for all clients and consolidate the claims under a group litigation order, where the risks, costs and benefits of the group action can be shared by all the claimants on the ...

NZ Super Fund adds to board

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
The former chief investment officer of Insurance Australia Group will join the board of the $57 billion New Zealand Super Fund. David McClatchy starts his five-year term on the board from October 1. McClatchy relocates to New Zealand following a series ...

Strong year for farmland assets

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
Australian farmlands posted 15.07% in returns for the year ending June 2021, as commodity prices and seasonal conditions held strong, according to ANREV. This included 5.33% income contribution and a 9.36% appreciation. The data is compiled by Asian ...

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference, a panel of economic experts shared very different views on the outlook for inflation. J.P. Morgan Asset Management chief market strategist Karen Ward argued ...