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| | | Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ... |
| | | | ... intention to resign from the trustee board and his committee roles with Sargon in December 2019, a spokesperson for the company said. "[This is] due to a re-ordering of his personal priorities and plans to be out of the country for extended periods," ... |
| | | | ... for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was to be a first for the company in Australia. The vehicle would invest in global credit markets and income opportunities, it said at the time. Full details ... |
| | | | Embattled wealth manager Evans Dixon has appointed a new chief financial officer and company secretary. Paul Ryan has been promoted to the role, formerly serving as Evan & Partners private capital managing director. In a release, the firm said Ryan ... |
| | | | ... misleading statements and failed to disclose the issues when they became aware of them. "Contrary to Australian law, the company failed to report over 19.5 million international funds transfer instructions to AUSTRAC, Australia's anti money-laundering ... |
| | | | ... an external and internal search to find a chief financial officer that best aligned with AMP's requirements," the company said. Prior to taking on his new position Georgeson served as chief financial officer of AMP's Australian wealth management ... |
| | | | ... electrical, power, rail, mining and telecommunications end markets," Adamantem said. Under the terms of the agreement, the company has agreed to take Legend private for around $79.6 million, and an implied value of $100.6 million. Adamantem managing ... |
| | | | ... promissory notes issued by Trickling Springs Creamery, a dairy business that he owned, without informing investors about the company's financial difficulties and mounting debt. In 2018, Trickling Springs Creamery was in "dire straits" according to the ... |
| | | | ... the appointment of a highly experienced, proven candidate to head this new team to be announced in future weeks," the company said in a statement. At the same time, it will extend its reach to key targets in Asia Pacific, the Middle East and into Europe ... |
| | | | ... demand from sophisticated investors in Australia for private equity, so are looking to launch a fund later in 2020." The company declined to add further details, pending regulatory approvals. Schroder Adveq has been investing in private equity funds ... |
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