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Showing 21 - 30 of 35 results for "Sargon Capital"

Westpac also owed money by Sargon

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... reported borrowings from Taiping Trustees, which last week appointed receivers and managers for the holding company Sargon Capital Pty Ltd. Westpac declined to comment, citing confidentiality. It also declined to comment on how many Sargon-related companies ...

OneVue takes control of Sargon stake in Sequoia

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... move comes as OneVue tries to recoup $31 million that is outstanding from its 2018 sale of Diversa Trustees to Sargon Capital Pty. On Tuesday OneVue appointed PwC as the receivers for SC Australian Holdings 1 Pty Ltd. "[The receivers] have today secured ...

Phillip Kingston resigns from GrowthOps board

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
Phillip Kingston has resigned from the board of ASX-listed Trimantium GrowthOps, as his Sargon Capital venture stays in receivership. GrowthOps provides services in creative, technology, coaching and leadership, according to ASX filings. Kingston is ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... announcements but are yet to launch a product. Majority of millennial products use APRA-regulated DIY Master Plans. Sargon Capital has the biggest slice of the business with its Diversa Trustees and Tidswell acting as the responsible service entity for ...

Royal Commission boosts platform provider

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
... was "extremely busy and transformative" for the firm. She flagged the sale of OneVue's superannuation trustee to Sargon Capital late last year for $45 million as an "excellent outcome" for shareholders. "What is also particularly pleasing is that the ...

OneVue offloads trustee business

KARREN VERGARA  |  THURSDAY, 20 DEC 2018
OneVue Holdings is selling its trustee services business to Sargon Capital for $45 million. The trustee services business comprises Diversa subsidiaries Diversa Trustees and CCSL. OneVue acquired the entire Diversa business in 2016 for $49.8 million ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... Zurich transaction that does not involve IOOF." Separately, IOOF recently sold its corporate trust business to Sargon Capital. At the time of the sale, Kelaher said corporate trust services sat outside of IOOF's wealth focus. "The provision of corporate ...

Sargon grows executive lineup, launches fintech solutions

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
With a rebrand, numerous executive appointments and the launch of two new products, Sargon Capital is on an impressive growth trajectory. Adding to what has already been a whirlwind few months for the company; the newly-rebranded Sargon is celebrating ...

Sargon Capital acquires Decimal

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
In its second major acquisition this month, Sargon Capital will acquire 100% of financial advice technology provider Decimal. Under a court-approved scheme of arrangement, Sargon will purchase 100% of Decimal's issued shares for 1.41 cents per share ...

IOOF offloads corporate trust business

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... direction of being an advice-led organisation. The buyer is financial services technology and infrastructure company Sargon Capital. IOOF's Australian Executor Trustees (AET) corporate trust business is being sold for $51.6 million. The business contributed ...