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Showing 31 - 40 of 100 results for "The Trust Company"

Perpetual forecasts $18m benefit from Trust acquisition

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
Perpetual reported that the integration of The Trust Company is ahead of schedule and is expected to deliver synergy benefits of $18 million to $20 million before tax. The company reported an underlying profit after tax of $62.1 million, up 30% on the ...

Perpetual launches philanthropy model

JAMES FERNYHOUGH  |  FRIDAY, 7 NOV 2014
... aim of providing maximum community benefit. The launch comes almost a year after Perpetual's acquisition of The Trust Company, and aims to "bring together the best thinking from both businesses." Perpetual's general manager of philanthropy Andrew Thomas ...

Equity Trustees lifts profit 12%

MARK SMITH  |  FRIDAY, 29 AUG 2014
... company amongst the largest 300 companies on the ASX. The rise in profit came despite a failed attempt to purchase The Trust Company in the last financial year. The company's operating revenue rose 14% to $53.3 million while operating profit after tax ...

Perpetual jettisons Guardian Trust

MARK SMITH  |  MONDAY, 7 APR 2014
... to Complectus for NZ$68.5 million ($63.3 million). The move follows Perpetual's December 2013 acquisition of The Trust Company which owned Guardian Trust. Perpetual said The New Zealand business not core to its strategy and was best placed with an experienced ...

TRU acquisition boosts Perpetual growth

LAURA MILLAN  |  THURSDAY, 27 FEB 2014
... 37% on the first half of financial year 2014, compared to the previous period, reflecting the acquisition of The Trust Company. Perpetual UPAT reached $48.1 million, while its statutory net profit after tax hit $3.33 million and was up 22% compared to ...

EQT reports lift in profits

MARK SMITH  |  MONDAY, 3 FEB 2014
... much of the second half of 2013 in an unsuccessful three-way bidding war with Perpetual and IOOF to acquire The Trust Company. "This result was achieved during a period when there was significant time and resources allocated to revenue and efficiency ...

FSC report backs case for Asia Passport

LAURA MILLAN  |  THURSDAY, 5 DEC 2013
... report will "indicate that doing that work is worth the effort." The study, which was conducted by the FSC and The Trust Company, shows that investment flows into Australia have increased by 78% since January 1, 2010, when the new Managed Investment ...

Court approves The Trust Company acquisition

LAURA MILLAN  |  WEDNESDAY, 4 DEC 2013
The Supreme Court of New South Wales has approved the Perpetual acquisition of The Trust Company, which will be implemented on December 18, 2013. The Court approval follows shareholder approval to the Perpetual takeover last week. Today is also the ...

Trust Company non-exec director resigns

LAURA MILLAN  |  TUESDAY, 3 DEC 2013
The Trust Company non-executive director Roger Davis has resigned after seven years in the company. Davis' resignation became effective on November 30, 2013, the company has confirmed in a statement to the Australian Securities Exchange (ASX). "Roger ...

The Trust Company shareholders approve Perpetual offer

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
The Trust Company shareholders have voted in favour of the Perpetual offer to buy the totality of the company's shares. A total of 18,564,430 votes (78.42%) were cast in favour of the Perpetual offer while 5,107,292 votes (21.58%) were against. As many ...