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Showing 11 - 20 of 222 results for "Constitution"

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... harmed the company's ability to pay its creditors. The resolutions enabled two changes: they altered Dixon Advisory's constitution to explicitly allow its directors to act in the best interests of E&P Operations (EPO), a subsidiary of E&P Financial Group ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... representing 37% of the directly held asset base at the time. Last month, Growthpoint acquired office building 2 Constitution Avenue, Canberra from ISPT for $90.1 million. Some 88% of the income comes from government tenants. It launched the Growthpoint ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Following a revision of its constitution, NGS Super will welcome its first independent chair in 2025. The industry fund, which caters to education professionals, has revised its constitution to allow for the inclusion of independent directors on its ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... family offices reported developing stronger succession plans, while a similar number (48%) strengthened their family constitution or charter; or introduced one for the first time. Ocorian also said that almost half (46%) of family offices had secured ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... demand the removal of the director, but the trustee "might be powerless without shareholder cooperation." Amending the constitution to limit the CFMEU's appointment rights would require shareholder approval, which may be difficult if the CFMEU holds ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... effective on July 11 when Magellan Asset Management in its capacity as responsible entity amended the fund's constitution. This means MGF will be removed from the ASX on July 22 and the following day is expected to commence trading as a new open ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... through an exchange." The listing follows a meeting on May 21 at which investors voted in favour of amending the constitution of the fund to create the quoted class. At the meeting, investors also voted to do the same for the Lazard Global Equity Franchise ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... currently has about $275 million in FUM. A meeting of unitholders will be convened on May 14 to vote on whether the constitution should be modified, and a new class of units allowed to be listed. At least 75% of unitholders must vote in favour. Fidelity ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
... fund's assets, and the final distribution for each unit holder will be calculated according to the fund's constitution. "Remaining unit holders will be notified of distributions, if any, and the details of the final proceeds," Beasley said. In ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... for November 24. Further, redemption requests will be suspended with immediate effect in accordance with the trust constitution, EQT said. XTB holders will also have the right to a pro-rata portion of the final distribution, which corresponds to their ...