Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 451 results for "Capital raising"

Market Wrap - Midday

AAP  |  THURSDAY, 15 DEC 2011
... Bluescope Steel are in a trading halt as it seeks to sell shares not taken up in a recent $600 million bout of capital raising in a bid to repay some of its debt. Energy companies were also spooked by news that prosecutors in Brazil have called for a ...

QIC appoints new board directors

RACHEL DAVIS  |  FRIDAY, 2 DEC 2011
QIC, Australia's third largest institutional fund manager with over $58 billion in funds under management, has appointed David Usasz and Grant Murdoch to its board. QIC's Chairman, Peter Young AM, said the new directors had been carefully selected to ...

ANZ buys 100% of Linwar Securities

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
ANZ Banking Group has purchased the remaining 50% of Linwar Securities in what the bank said was a natural progression for the company. ANZ already held a 50% stake in Linwar through its 2007 acquisition of E-trade, which bought the stake in Linwar ...

Market Wrap - Midday

AAP  |  TUESDAY, 22 NOV 2011
... underwritten four-for-five accelerated renounceable entitlement offer to raise $600 million to repay debt. The capital raising would be priced at 40 cents per share, a 34 per cent discount on the last trading price of 61 cents, the company said. Qantas ...

ASIC suspends Far East AFSL

CLAIRE MCGREAL  |  TUESDAY, 25 OCT 2011
... Capital Limited specialises in the resources sector in the junior end of the market and has raised or managed capital raising of over $100 million in the last 10 years. ASIC maintained that despite their repeated compliance demands, Far East Capital ...

Praemium capital raising for growth

RACHEL DAVIS  |  FRIDAY, 9 SEP 2011
Praemium has completed a $5 million capital raising, to provide for long-term growth plans and the implementation of short term cost efficiencies. Praemium requested a trading halt on Wednesday before successfully completing the $5 million capital raising ...

PIF Action Group lands Federal Court win

ELISE BURGESS  |  TUESDAY, 21 JUN 2011
... director of Wellington Capital, that benefited their case as she was unable to justify the need for another urgent capital raising as she could not say whether any of the projects that Wellington claimed the capital raising would fund were ready for ...

PIF Investor action group claim small victory

RACHEL DAVIS  |  FRIDAY, 10 JUN 2011
... Group (PIFAG). PIFAG is seeking an injunction to cancel units in the Premium Income Fund (PIF) issued via a recent capital raising. The group also want to reverse changes to the constitution and restrain Wellington from issuing units pursuant to a rights ...

Investor revolt threatens 30 fund managers

ALISON BEVEGE  |  WEDNESDAY, 18 MAY 2011
... our fund are supportive of us." Earlier this month, the investor group also appealed to ASIC to stop a planned capital raising by the fund.

Unitholders ask ASIC/NSX to ban cap raising

ELISE BURGESS  |  MONDAY, 9 MAY 2011
Premium Income Fund unitholders have requested regulatory bodies stop a planned capital raising, deeming the raising as 'unfair' to all unitholders. In a letter to the Australian Securities and Investments Commission (ASIC) and National Stock Exchange ...