Search Results | Showing 41 - 50 of 69 results for %22Diversa Trustees%22 |
| | | ... recover amounts owed to it at subsidiary-level (referring to eight Sargon subsidiaries which own assets like Diversa Trustees and CCSL, and is currently in a sales process run by EY). However, OneVue said, if the recoveries at subsidiary level are not ... |
| | | | ... their position as a creditor in Sargon Group. As a result, OneVue has asserted its vendors' lien over the sale of Diversa and CCSL. EY, as the voluntary administrator, has agreed not to distribute or deal with the total net proceeds of the sale until ... |
| | | | ... revealed. At the time of acquisitions, Sargon's agreed to a purchase price of $94.6 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 ... |
| | | | ... companies to an external, unnamed buyer in an exclusive sale agreement. These include business units such as AET, Diversa Trustees, CCSL. Although the sale price is currently unknown, it is thought to be much less than the original purchase price paid ... |
| | | | ... other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million in total liabilities. The $154 million in liabilities across the eight companies ... |
| | | | ... operations. At the time of acquisitions, Sargon's agreed to a purchase price of $94.6 million across three assets Diversa Trustees, CCSL and Australian Executor Trustees, which are a part of the sale. The full extent of assets sold is not yet known. ... |
| | | | ... trustee business and other assets on an urgent basis. "We are unable to take ownership back of those businesses [Diversa Trustees and CCSL] as the sale was completed. However, we understand that we are the only material creditor of the business and the ... |
| | | | ... total $31 million that OneVue is 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 ... |
| | | | ... hands of one of its backers, Taiping Trustees. Sargon owed money to OneVue for the acquisition of its trustee business Diversa but failed to make the necessary payments. OneVue is currently attempting to recoup about $31 million still outstanding. On ... |
| | | | ... price of 20 cents. The 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] ... |
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