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Showing 11 - 20 of 45 results for %22Sargon Group%22

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... costs of court proceedings. The ASX-listed business is owed about $31 million from its 2018 sale of Diversa Trustees to Sargon Capital, which was forced into external administration in late January and then liquidation. OneVue this morning also updated ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive and managing director after working ...

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
... consent 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 ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all of OneVue for 40 cents per share in cash, which would value OneVue at $107 million. ...

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 ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... operating 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 ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... businesses." "OneVue is also actively assessing its options for the recovery of the balance of the receivable of the Sargon Group parent company, Sargon Capital, which may include lodging claims against its current and former directors and officers arising ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
Sargon Capital's creditors yesterday voted unanimously to wind up the company, starting a liquidation process that could last 12 months. Taiping Trustees, which is Sargon Capital's only known secured creditor for about $97 million and other ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
... their first report to creditors, which OneVue says, has created some confusion over their position as a creditor in Sargon Group. As a result, OneVue has asserted its vendors' lien over the sale of Diversa and CCSL. EY, as the voluntary administrator ...