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Showing 21 - 30 of 59 results for "Listing Rule"

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
IOOF has responded to being served with a class action proceeding filed by Quinn Emanuel Urqhart & Sullivan. On Friday the law firm announced it had filed proceedings against IOOF,based on evidence given at the Royal Commission and legal proceedings ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
A small and mid-cap boutique set up by two former Paradice Investment Management portfolio managers has converted its $440 million strategy to a listed investment trust. Ophir Asset Management's High Conviction Fund has delivered 20.2% per annum ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
Wilson Asset Management wants to shutter the underperforming Hastings High Yield Fund (HHY) amid the controversy surrounding Aurora Funds Management, which acts as its responsible entity. WAM is setting in motion a general meeting to urge HHY shareholders ...

ASIC bans former adviser on IPO conduct

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
ASIC has banned a former Victorian financial adviser who deliberately used false information while applying for shares in at least three IPOs that listed between 2015 and 2017. Mark Damion Kawecki has been banned from providing financial services for ...

Molopo board ousted at AGM

ALEX BURKE  |  FRIDAY, 1 JUN 2018
Keybridge Capital and Aurora Funds Management scored a win at the Molopo Energy AGM with a board spill that saw its two nominees elected as non-executive directors. Keybridge's nominee, William Johnson, had previously been noted by Molopo as being ...

Molopo restrained ahead of AGM

ALEX BURKE  |  THURSDAY, 24 MAY 2018
The Takeovers Panel has ruled that, as per an application for an interim order by Aurora Funds Management, Molopo Energy will be unable to make any payment or incurring any liability of more than $175,000. Both Aurora and Keybridge Capital are substantial ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
Maurice Blackburn has jumped on the bandwagon, seeking interest to launch a third class action against AMP. Announcing its action today, the law firm is attempting to attract as many AMP shareholders as possible by way of a "market disrupting" commission ...

Keybridge outraged at latest Molopo transaction

ALEX BURKE  |  MONDAY, 14 MAY 2018
Keybridge Capital said its "concerns have now turned to outrage" as Molopo Energy, in which it has a 20% ownership stake, revealed another US$23 million transaction in an asset the manager considers worthless. This transaction with Drawbridge Energy ...

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
IMF Bentham is the latest firm to finance proposed class action proceedings against AMP in light of evidence at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The litigation funding group said it ...

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
Blue Sky Alternative Investments resumed trading on the ASX and has requested ASIC investigate the accusations made by a US hedge fund - and associated short-selling - last week. Glaucus Research Group argued "Blue Sky is significantly overstating its ...