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Showing 21 - 30 of 43 results for %22Sargon Capital%22

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
... operating business," OneVue said in an ASX statement. OneVue is also an unsecured creditor in the main holding company Sargon Capital. The company today said if the recoveries at the subsidiary level are insufficient, it will consider pursuing its own ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... 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 Trustees business and CCSL to Phil Kingston's company. In late January, Sargon Capital and ...

Sargon lender sends in voluntary administrators

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
Taiping Trustees on Friday appointed voluntary administrators for Sargon Capital and two Trimantium companies, in what could eventually decide Sargon's fate. Wexted Advisors' Andrew McCabe and Joseph Hayes were on March 6 appointed as the voluntary ...

Madison advisers loyal amid sale

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... Madison's advisers have stuck it out with the firm during the ordeal. It had 101 active advisers at December end, before Sargon Capital's Chinese lender forced it into administration after a default on making interests payments on a loan. At ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

OneVue recoups $4.36m from Sargon

KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... looking to recoup. That is the amount outstanding from 2018 when it sold its Diversa Trustees and CCSL business to Sargon Capital for a total of $45 million. To this end, OneVue is shifting its focus to selling Madison Financial Group. OneVue's receivers ...

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 ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... in the movement. A number of financial services companies are now on board including IRESS, Bank Australia, Verve Super, Sargon, Sustainable Australia Fund, BetaShares Capital and Fox & Hare. Chief executive and founder of Future Super Simon Sheikh said ...