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Showing 481 - 490 of 1877 results for "Wen"

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Alex Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...

Geoff Wilson feels sorry for CLF shareholders

ANNABELLE DICKSON  |  FRIDAY, 18 SEP 2020
WAM chair Geoff Wilson has said he feels sorry for CLF shareholders after Concentrated Leaders Fund has rejected a takeover bid proposed by WAM Capital. WAM chair Geoff Wilson told Financial Standard : "I actually feel sorry for CLF shareholders as ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
"I guess it also rings a bell for some countries, which are still struggling to fight COVID-19, that without strict measures, the virus won't be fended off. We fought hard, this is our payback." Zhang Yong, a small taxi company owner in Wuhan, is ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
After underperforming its peers and receiving a red rating from the regulator, an $11 billion superannuation fund is turning its performance around. Mine Super initiated several strategic investment changes to its MySuper products, which are now delivering ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
Global banks have cumulatively lost around US$635.33 billion in market capitilisation between December 2019 and August 2020, according to research from Buy Shares. The data indicated that 14 of the world's largest major global banks have suffered ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers of today are offering their help to an interuniversity group. Traditionally, students undertaking a commerce or business ...

Sydney tax professional jailed

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
A tax professional has been sentenced to one year and eight months jail, having pleaded guilty to lodging false income tax returns and amendments without his clients' knowledge. Hussain Nazeer admitted guilt for dishonestly causing a loss to the Commonwealth ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Wilson Asset Management has made an off-market takeover bid for geared listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 ...