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Showing 11 - 20 of 43 results for %22Sargon Capital%22

HUB24, Pinnacle say goodbye to S&P/ASX 200

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... Commercial Property Fund, Primewest, 360 Capital REIT and Prospa amid other changes. OneVue's share price drop amid the Sargon saga has also pulled it out of the All Ords. "Please note that there is an additional removal from the S&P/ASX 200 and the ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... to the sale from Taiping Trustees Limited (ChinaTaiping), a Chinese state owned financier that is a creditor of Sargon Capital Pty Ltd, or alternatively a court order to permit the sale," OneVue said in June 1 filings. The buyer, Clime Investment Management ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... transition period and will consult to us on growth, strategy and clients after completion," he said. Separately, Sargon Capital's Chinese lender has asserted fresh claims over proceeds from the sale of Madison Financial Group and Sequoia shares, which ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... litigation funding or other funding options possible," Wexted said in the latest report to creditors sent last Friday. Sargon Capital, which was the ultimate holding company to a number of subsidiaries, owes $162 million to 23 creditors, according to ...

Clime courts Madison Financial Group

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... currently in the process of being sold by OneVue. Madison, which is home to about 100 advisers, was previously owned by Sargon Capital but fell into OneVue's hands in February as the latter looked to recoup money owed to it by Sargon Capital when ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... the determination of the claims on June 15. Yesterday, the company announced New Yorker Teddy Wasserman of CloverHill Capital and Australian-origin Matthew Kibble of Kibble Holdings LLC are joined by Vista Credit Partners (who is also providing the financing) ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
Sargon's Diversa, CCSL and Tidswell businesses will be owned by New York-based buyers, who are committing to retaining Aussie jobs and have hired a Westpac and BT veteran for the board. New Yorker Teddy Wasserman of CloverHill Capital and Australian-origin ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... businesses. Marcus Price was the chief executive of Property Exchange Australia from 2010 to October last year. After Sargon Capital had administrators appointed in late January upon defaulting on interest payments on its debt to a Chinese lender, it ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... company said in quarterly update released this morning. OneVue took control of Madison Group in early February from Sargon Capital, as the ASX-listed companies tries to recoup the $31 million that Phil Kingston's fast-growing company owed it before defaulting ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... company. Wexted Advisory's Andrew McCabe and Joseph Hayes, whom Taiping appointed as voluntary administrators for Sargon Capital and two Trimantium companies on March 6, have now been appointed to act as the liquidators in winding up Sargon Capital. ...