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Showing 21 - 30 of 47 results for "Diversa Trustees"

EQT swells revenue by 3.2%

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... for HUB24 Super with about $7.9 billion in assets, after the latter decided to swap out previously-Sargon-owned Diversa Trustees. Also in July, it was appointed to AMP Life's superannuation funds with over $7 billion after AMP Life's sale to ...

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... Diversa's 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 ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... HUB24 has appointed a new trustee for its $7.9 billion superannuation fund, after deciding to swap out Sargon's Diversa Trustees earlier this year. Equity Trustee's HTFS Nominees will now act as the trustee for HUB24 Super. "We are delighted to have ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... OneVue is looking to recoup about $31 million owed to it by under-liquidation Sargon Capital, from when it sold Diversa Trustees and CCSL business to Sargon. As of this morning, OneVue's receipts from all four avenues are under a cloud as fresh claims ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... resignation from the board of DSMJ and as chief executive of Grow Super has been appropriate." OneVue, owner of Diversa Trustees which is the trustee for Grow Super, declined to comment. Financial Standard previously reported that Grow Super was looking ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... payments on its debt to a Chinese lender, it put eight subsidiaries that hold its operating businesses (such as Diversa Trustees) in voluntary administration under EY to protect its interests. New York financier and Sargon investor Teddy Wasserman emerged ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... recover amounts owed to it at subsidiary-level (referring to eight Sargon subsidiaries which own assets like Diversa Trustees and CCSL, and is currently in a sales process run by EY). However, OneVue said, if the recoveries at subsidiary level are not ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... revealed. At the time of acquisitions, Sargon's agreed to a purchase price of $94.6 million across three assets Diversa Trustees, CCSL and Australian Executor Trustees. OneVue was owed $31 million by Sargon Capital, from when it sold its Diversa ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... companies to an external, unnamed buyer in an exclusive sale agreement. These include business units such as AET, Diversa Trustees, CCSL. Although the sale price is currently unknown, it is thought to be much less than the original purchase price paid ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million in total liabilities. The $154 million in liabilities across the eight companies ...