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Showing 331 - 340 of 6902 results for "shares"

Charges dropped against Macquarie adviser

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... undertook dishonest trades on behalf of his clients while working for Macquarie Equities in the form of MINI warrants (shares, indices, currencies, or commodities). It was alleged he misrepresented the value of clients' portfolio on 19 separate occasions ...

ISG ordered to wind up managed investment schemes

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... and wholesale investors since 2019. Investors were issued units in the schemes, which invested in redeemable preference shares in related special purpose companies focusing primarily on property developments. These special purpose companies were primarily ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... penalty. ASIC took action on ANZ in 2018, alleging it failed to notify the ASX that $791 million of the $2.5 billion of the shares were to be acquired by its own underwriters rather than placed with investors. ANZ denies it broke the law, claiming the ...

Pengana pauses share buyback

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... for more clarity before proceeding. The Employee Share Loan Plan involves loans totalling $24 million across 22 million shares, which are due for repayment on October 31. These loans were given to employees and contractors to help them purchase company ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... confirmed that it received an offer from Regal last week. Under the proposal, its shareholders would receive 0.274 Regal shares and a fully franked special dividend of $0.20 per Platinum share. The offer values each Platinum share at $1.10, based on ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... the board said, noting it is "consistently and materially" undervalued relative to its fundamental value and peers. E&P shares traded at 50 cents at the time of writing, dropping a whopping 80% from $2.50 in 2018 when it was better known as Evans Dixon. ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... people around the world with a better experience managing debt," Foreman said. Second Quarter Ventures is also purchasing shares from "angel investors" and early employees to participate, the company added. "While our vision is global, I'm incredibly ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... that Aliwa has $20 million+ in funds under management (FUM) over 18 months. These two tranches equate to just under 15% of shares on issue. Brisbane-based David McNamee is the founder of Aliwa and the portfolio manager of the flagship Aliwa Alpha Fund ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... indicative proposal from Regal Partners. Platinum said it received the unsolicited proposal from Regal to acquire all the shares in Platinum via a scheme of arrangement. Under the offer, Platinum shareholders would receive 0.27 Regal shares per Platinum ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... The defensive allocation will increase from 28% to 32%. Within asset classes, the option will invest more in Australian shares, from 24.5% to 27%. It will tone down its international shares exposure from 35.5% to 31%, as well as its private equity investments ...