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Showing 11 - 20 of 920 results for "Maximum"

Former director jailed for misuse of $1.75m

VINNY VUCAGO  |  TUESDAY, 11 AUG 2026
... Honor also highlighted the importance of general deterrence in sentencing white-collar offenders. The offences carry a maximum penalty of 15 years' imprisonment under section 184(2)(a) of the Corporations Act 2001.

ASIC ramps up enforcement action

VINNY VUCAGO  |  MONDAY, 10 AUG 2026
... banned for 10 years, while 31 received bans of less than 10 years. Of the 36 director disqualifications, 18 were for the maximum five-year period available under the Corporations Act. Among the regulator's enforcement actions was the permanent banning ...

FAAA names new chair as David Sharpe prepares to step down

VINNY VUCAGO  |  WEDNESDAY, 15 JUL 2026
... the role of chair after the 2026 Annual General Meeting (AGM) in November, succeeding current chair David Sharpe, whose maximum 10-year tenure as a director concludes at the event. Veitch will continue to serve as deputy chair until the 2026 AGM and ...

Atlas Arteria chair resigns as IFM offer deadline inches closer

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... is below the independent expert's assessed fundamental value. IFM Investors raised its bid for Atlas Arteria to its maximum consideration of $5.10 per security, calling it the best and final offer in the absence of a competitive offer. The independent ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... Ltd to gain an advantage for himself, contrary to section 184(2)(a) of the Corporations Act 2001. Each offence carries a maximum penalty of 15 years' imprisonment. The charges related to conduct between 13 March 2019 and 1 November 2023, during which ...

HMC, KKR tie up receives ACCC approval

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... complements the existing Stor Energy BESS development pipeline and "provides substantial day one operational scale of 652 MW (maximum capacity) installed across four operational assets and a high-quality 2.8 GW development pipeline," HMC said. HMC subsequently ...

ASIC charges developer over alleged $10m fraud

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
... investor funds were being used for significant gambling activity at The Star casino. If convicted, McWilliams faces a maximum penalty of 20 years' imprisonment. The matter is being prosecuted by the Commonwealth Office of the Director of Public Prosecutions. ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... Leech was causing them losses to favour others. Leech pleaded guilty to one count of obstructing justice, which carries a maximum sentence of five years' imprisonment. The sentencing is scheduled for September 21. Buckley added the plea reflects the ...

IFM raises Atlas Arteria's bid, urges shareholders to accept

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026
IFM Investors has raised its bid for Atlas Arteria to its maximum consideration of $5.10 per security, calling it the best and final offer in the absence of a competitive offer. This values the toll road operator at around $7.4 billion, up from the ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... cornerstone funding round raised $150 million, exceeding the initial target amount of $100 million. Pengana is targeting a maximum raise of $350 million. The listed investment trust, which will be called AIX, invests primarily in large, privately held ...