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

Search Results

Showing 11 - 20 of 87 results for "Settlement of"

AMP platform flows jump 61.6%

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025
... insurers and conclude the legal proceedings. It will receive a further $24 million, taking the total proceeds from the settlement of the claim to approximately $68 million.

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... the balance to be met by insurance. AMP said in reaching a settlement, it makes no admission of liability. "The settlement of this class action is another important step forward for AMP, which means we can put this legacy matter behind us," AMP chief ...

AOF asset settlement delayed, on track for June delisting

KARREN VERGARA  |  TUESDAY, 22 APR 2025
The Australian Unity Office Fund (AOF) has delayed the settlement of its Brisbane asset to August but insists that it is on track to shutter its doors before June. The settlement of 150 Charlotte Street, Brisbane was originally set to settle in late ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... return aggregate proceeds to unitholders of between $1.20 to $1.23 per unit," Australian Unity said. "This assumes settlement of 468 St Kilda Road, Melbourne for net proceeds of $41.75 million and includes the special distribution from the sale of 64 ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... requirements to establish a regulatory environment that is open to and facilitates competition emerging in the clearing and settlement of cash equities," the paper said. "Given the systemic importance and evolving nature of CS services, we may consider ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... to a range of sophisticated and institutional investors by way of a block trade at 59 cents per share. Following settlement of the sale of the shares, Crescent will still hold more than 225 million ClearView shares, representing approximately 34.59% ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... are targeted at Australian and international institutional investors, excluding retail investor participation. The settlement of the Notes, contingent on preceding conditions, is slated for 26 February 2024. Westpac serves as the exclusive lead manager ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop Australia's ...

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... the group with various matters at the direction of the board, including assistance with finalising the conditional settlement of the representative proceedings filed by Shine Lawyers, which was announced by the Company on 14 November 2023," E&P said. ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... to a settlement payment of no less than $16 million settlement sum), inclusive of legal costs in full, in final settlement of the claims of the lead applicant and group members." If the settlement is approved by the Federal Court, E&P said the class ...