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Showing 3101 - 3110 of 3163 results for "Owner"

Research prompts more funds to get tough on corporate governance

There is little link between executive remuneration and company performance, according to new research released by three leading Australian superannuation funds. Rather, remuneration is more strongly correlated with size and complexity of the company ...

AMP details $1.2 billion rights issue as part of demerger

AAP  |  FRIDAY, 10 OCT 2003
Troubled financial services group AMP Ltd is to undertake a $1.2 billion rights offer to redeem its reset preferred securities as part of its planned demerger. AMP also said it is injecting a further net $84 million into its United Kingdom operations. ...

S&P lowers Lumley Life rating to BBB

AAP  |  THURSDAY, 9 OCT 2003
Standard & Poor's said today that it lowered the insurer financial strength and counterparty credit ratings on Lumley Life Ltd to BBB from A and removed the ratings from credit watch with developing implications. The rating outlook is now stable. The ...

TXU appoints advisers to assess partial Australian float

... management interests. The group which entered the South Australian household electricity market this year, is a one third owner of the SeaGas pipeline connecting Victoria and South Australia and has recently purchased land in New South Wales with a permit ...

Macquarie reaps benefit of increased tolls on highways

The latest toll hikes on Sydney's most expensive motorway is paying rich dividends to its owner Macquarie Infrastructure Group (MIG). The MIG disclosed today that toll-paying traffic on the Eastern Distributor, also called the M1, grew 5.3 per cent ...

August retail sales up 1.0%, dwelling approvals down 2.4%: ABS

Australian consumer spending growth remains buoyant, with the Australian Bureau of Statistics (ABS) today reporting retail turnover rose a further 1.0% in August. The gain follows revised increases of 0.9% in July and 1.1% in June, while the level of ...

Australian insurer AMP prefers UK demerger

AAP  |  TUESDAY, 30 SEP 2003
Australian life insurer AMP Ltd is leaning towards returning ownership of its struggling British assets to shareholders rather than selling them off, a source close to the talks told Reuters on Monday. "At the moment it looks like the demerger is the ...

IGA joins discount petrol bandwagon

... Queensland and northern NSW before being rolled out gradually across the country. Andrew Reitzer, chief executive of IGA owner Metcash Trading Ltd, will release details of the offer at a media briefing in Brisbane on Monday morning. The move follows ...

Stockland continue property construction expansion

... $27 million. "The acquisition of this site is consistent with the company's strategy of targeting high quality discerning owner occupier developments and is undoubtedly considered the best development site in Canberra," said Denis Hickey, chief executive ...

GPT denies involvement in Governor Towers' acquisition

WITH AAP  |  THURSDAY, 25 SEP 2003
... worth more than $477 million. GPT was understood to be in exclusive negotiations to buy the 50 per cent stake from long-time owner SAS Trustee Corporation (STC). Deutsche Office Trust owns the other 50 per cent interest in the towers and has valued its ...