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Showing 431 - 440 of 1945 results for "Proposal"

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... board unanimously recommended shareholders vote in favour of the scheme. "At the date of this scheme meeting, no superior proposal to acquire Mainstream has emerged and the independent expert has concluded the scheme is in the best interests of Mainstream ...

Industry calls for expanded CSLR

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
... consumers have faith in the system," De Gori said. CHOICE chief executive Alan Kirkland added: "The government's proposal will exclude victims of managed investment scheme collapses, like the many elderly Australians who lost their savings through ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
WAM Capital is attempting to acquire a listed investment company that has a concentrated portfolio of listed Asian equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid ...

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... Commonwealth Financial Planning. The same year saw the Financial System Inquiry and the parliamentary joint committee proposal to lift professional standards. In 2015, there was the Trowbridge inquiry into life insurance, before the process that would ...

Charter Hall REIT, Hostplus acquire ALE

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
... per ALE securities and marks a 25.2% premium to Friday's closing price. The ALE board said it received an unsolicited proposal from the Charter Hall consortium in July and went on to conduct an independent review to evaluate the proposal. "The directors ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... said the proposed change stemmed from industry feedback and forms one of many amendments it wants to implement. Another proposal is it seeks to clarify that when a Product Disclosure Statement is given while providing personal advice as required by law ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
Colonial First State is reducing insurance premiums in its super funds, in a move that should benefit 220,000 members. Members of FirstChoice Employer Super, Essential Super, FirstChoice Personal and FirstChoice Wholesale Personal super products will ...

Former Vocus chair charged with insider trading

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... million shares in Vocus Group on 4 June 2019. ASIC alleges Bowen knew the EQT Infrastructure IV Fund was withdrawing its proposal to acquire all Vocus shares before it was announced to the market. Uniti Group entered a trading halt on the ASX yesterday ...

IFM Investors' Sydney Airport dream still alive

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... current intention of the Sydney Airport boards is to unanimously recommend that security holders vote in favour of the proposal. However, there is not yet any certainty that the due diligence will result in a binding offer being made. The Sydney Airport ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
Corporate regulator ASIC was slammed for its lack of oversight over common ownership and concentration at a parliamentary committee this morning. The Standing Committee on Economics, which discussed the implications of capital concentration and common ...