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Showing 431 - 440 of 6944 results for "shares"

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... use of a nominee arrangement, the regulator said. "This arrangement did not permit investors to directly acquire ordinary shares in Hirehood. Instead, shares issued by Hirehood were intended to be held by a related party of the intermediary, as nominee ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... transaction documentation and obtaining necessary shareholder approvals," PFG said. It will fund the acquisition via cash and shares with payments to be made over a three-year period. Meanwhile, PFG entered into a binding agreement to acquire Equity ...

Macquarie AM bags top manager gong

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... MLC MultiActive Growth. Vanguard Australia and U Ethical Investors each won two categories. Vanguard's International Shares Select Exclusions Index Fund and MSCI International Small Companies Index ETF took out two international shares categories ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... June 2020, Keybridge launched legal proceedings against WAM alleging it had improperly transferred 16 million Keybridge shares into its own name. Prior to the filing, WAM launched several takeover bids for Keybridge but to no success. Keybridge chief ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... also rejected Active Super's claims that an ordinary or reasonable consumer would draw a distinction between holding shares in a company and indirect exposures through a pooled fund. "It seems to me that such a consumer would not draw that distinction..." ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... who were working in conjunction to overturn the leadership. The cohort had a 10.65% stake and acquired some 3.24 million shares from 26 February 2024 to 21 March 2024, most of which sat with Glennon Capital. Crole and Pattison told the Takeovers Panel ...

Regal Partners acquires Merricks Capital

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... net debt, regulatory capital and working capital adjustments, and the issue of more than 63.9 million fully paid ordinary shares at a price of $3.05 per share. Regal will also issue more than 10.9 million unlisted options in aggregate, to current employees ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... entrepreneur Jacques Veyrat and his family, along with other shareholders. Brookfield wants to purchase the outstanding shares of Neoen for €39.85 per share, a 26.9% premium over the last closing price and 43.5% premium over the average price of the ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... five basis points. This is in addition to the 16 basis points gained from the sale of the initial 16.5% block of AmBank shares in March. Earlier this year, ANZ said that divestment released $668 million in capital, which was returned to shareholders ...

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
... using a three-year convertible note with 8% per annum coupon payable half yearly. Upon conversion, Clime can take cash or shares in Infocus. At the same time, Clime and Infocus will commence a strategic partnership that includes the integration of Clime ...