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Showing 671 - 680 of 2671 results for "Purchase"

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... pandemic. In addition to the $275 million institutional capital raising, Charter Hall also announced a $25 million unit purchase plan to shareholders in Australia and New Zealand. The units in the equity raising will be issued at $2.90, a 7.9% discount ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... comprises a $3 billion fully underwritten share placement at the fixed price of $14.15 per share and a non-underwritten share purchase plan of about $500 million. The SPP shares will be the lower of the $14.15 per share placement price and the volume ...

Morningstar acquires global ESG ratings house

ALLY SELBY  |  FRIDAY, 24 APR 2020
... investors to make meaningful investment decisions. Morningstar acquired a 40% stake in Sustainalytics in 2017, and will now purchase the remaining 60% on closing the transaction. The research house and investment manager said the acquisition would help ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... conditional on entities either doing a follow-on accelerated pro rata entitlement offer or a placement followed by a share purchase plan (SPP) offer at the same or a lower price than the placement. "This is so that retail shareholders get to participate ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
The suspension of MyPlanner Professional Services' AFSL is on ice as the Administrative Appeals Tribunal reviews ASIC's decision. It comes after the corporate watchdog suspended the advisory firm's AFS licence on February 12 on the grounds ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
They were loathed, yelled at, vilified and even arrested - but the hordes of panic-buyers and toilet paper hoarders that invaded supermarkets, hardware stores, bottle shops, and businesses selling "work from home" wares may have collectively limited ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... because they've had a very busy 2020. But make no mistake they still work in a system that compulsorily requires them to purchase something even though they have wage gaps. "They still have a system which doesn't necessarily adjust to their working life ...

Tail-risk hedging pays off for super fund

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... to deliver when equity markets don't. PIMCO describes tail-risk hedging as giving a little bit of return each year to purchase protection against a market meltdown. The usefulness of this kind of "insurance" is clear in defined benefit plans. Recent ...

IOOF trims operations

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
Plans to simplify IOOF are continuing, with the wealth manager taking an axe to its New Zealand business. IOOF has sold the client rights to the IOOF Integral Master Trust it operates in New Zealand, the centrepiece of the firm's operations in the ...