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Showing 671 - 680 of 7857 results for "Board"

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
The board of E&P Financial Group (EP1) is moving to delist from the ASX, claiming the company is materially undervalued thanks to the barrage of regulatory proceedings and class action litigation it faced in recent years. These issues have sustained ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... home loan in August with an estimated 1.4 million mortgagors in distress. "The government should establish an RBA-style board to oversee APRA with a target for mortgage arrears of between 2% and 3%," HIA chief economist Tim Reardon said. In its submission ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... Kruger said: "To expand horizons and to progress shareholder value (on a better-risk-adjusted and duration basis) the PVL board considers that it needs to access fund vehicles and a broader investment capability with a dedicated, incentivised team." ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... the company. "At this stage, we maintain our fair value estimate with this indicative proposal, which is still subject to board consideration and several conditions. We assume Platinum remains a stand-alone entity, given the implied takeover premium ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
Portfolio managers for the Wilson Asset Management (WAM) Leaders Fund, Matthew Haupt and John Ayoub, admitted they "got the call wrong" when they took a 4% stake in embattled Star Casino just last year. Now WAM is pushing for the casino operator to ...

BUSSQ board members removed

ANDREW MCKEAN  |  FRIDAY, 13 SEP 2024
BUSSQ board members Jacqui Collie and Michael Ravbar, both of whom are senior Construction, Forestry, and Maritime Employees Union (CFMEU) officials, have been replaced effective immediately. The administrator for the Queensland branch of the CFMEU ...

ASX chair to retire, successor named

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
ASX today announced a change to its board, appointing a chair to succeed Damian Roche, who is set to leave his post at the conclusion of the stock exchange's annual general meeting (AGM) on October 28. David Clarke joins the ASX as non-executive director ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... company Persimmon Homes for more than one year. Abrdn chair Douglas Flint said Windsor emerged as the unanimous choice of the board to lead abrdn in its next phase. "He has made a huge impression both internally and externally since he joined abrdn ...

Elanor shakes up leadership, sells down fund

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... managing director and chief executive. Non-executive director Tony Fehon is now the interim managing director while the board said it will commence a search for a new chief once "the group is further advanced in the execution of its stabilisation strategy". ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... ensure their distribution practices are sound, as its latest round of surveillance found improvements are needed across the board when it comes to meeting DDO requirements. ASIC's surveillance found only a few issuers monitored consumer outcomes ...