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Showing 651 - 660 of 2428 results for "Directors"

Powerwrap to merge with Praemium

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... parties have entered a bid implementation agreement dated July 9. The bid has been unanimously supported by the board of directors at Powerwrap. Praemium will split the $55.6 million purchase price as 7.5 cents per share in cash and one Praemium share ...

Equity Trustees nabs new director

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... he helped to create five electricity distribution businesses following the restructuring of SECV. Fellow independent directors on the boards include Paul Rogan (ETSL only), Sue Everingham, Ellis Varejes and Tony Lally, as well as executive directors ...

Iress executive moves to non-executive roles

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... shares in ASX-listed OneVue for 40 cents a share in cash, which would value the company at about $107 million. OneVue's directors were unanimously in favour of the offer, which is expected to go to a shareholder vote in September. However, one of OVH's ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... corporate governance issues, the company's board composition and lack of liquidity. "For these reasons, the WAM Active directors believe the offer represents an attractive opportunity for KBC shareholders to realise their investment in KBC for cash at ...

REIT revises up portfolio value

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... 51 properties which are about half of the portfolio by value. The remaining 21 properties were subject to internal or directors valuation. It attributed the 1.3% or $21 million interim increase in portfolio value compared to the preceding book value ...

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... our board would reflect the membership of the merged fund," Cochrane said. "We are pleased to welcome four VicSuper directors to the board and acknowledge with gratitude the contribution of those VicSuper directors and First State Super directors who ...

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... insurer Resolution Life New Zealand (RLNZ) as the trustee. RLNZ's board will include majority of NZ resident independent directors. AMP Life will also form a sub-committee (including RLNZ independent directors) to its main board, with the purpose of ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... commenced an investigation into possible breaches of the Banking Act and BEAR by Westpac in December last year, warning directors and senior executives could face fines and disqualifications as a result of the fund transfer breaches. The delegated functions ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... to contact them by June 5 if they want to fund a deeper dig into the company, including public investigations of its directors. Their call came as the liquidators had identified a potential insolvent trading claim. Wexted did not receive any expressions ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... at a "perverse" clause in the Corporations Act that allows companies to not lodge financial reports, statements and directors declarations to ASIC. "This is highly inappropriate for a number of reasons. It leaves in place an elite group of companies ...