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Showing 51 - 60 of 111 results for "Diversa"

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... lawyers at Arnold Bloch Leibler to commence proceedings against Taiping in the Federal Court. They will seek clarity that Diversa (not Taiping) holds a first ranking security over Madison proceeds, and Taiping holds no security over Sequoia proceeds. ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
HUB24 has appointed a new trustee for its $7.9 billion superannuation fund, after deciding to swap out Sargon's Diversa Trustees earlier this year. Equity Trustee's HTFS Nominees will now act as the trustee for HUB24 Super. "We are delighted to have ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... annum investment fee. Verve invests through Future Super Investment Services, both Verve and Future Super are sub-plans of Diversa. They share an ethical investing ethos - screening out fossil fuels, tobacco, weapons and more. Hobbs said Verve's fees ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... Holdings, Cloverhill Group and Vista Credit Partners, were confirmed as the new owners of Sargon's operating entities (Diversa, CCSL, Tidswell and the Australian Executor Trustees entities that it bought from IOOF) on May 5. The company hasn't ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... accounts attached to LESF Super sub-plans, including Grow Super and Zuper. According to a notice sent to Grow members, Diversa - which is trustee for both LESF Super and Smartsave - has determined it is in the best interest of members to "create a stronger ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... proceeds of sales from Madison and Sequoia shares. OVH's recoveries from sale of other Sargon operating businesses like Diversa and CCSL are also under certainty as multiple Sargon debtors fight out for the proceeds in court. "I am a believer in ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... OneVue has held control of it via secured interest in a Sargon Capital subsidiary over money owed by Sargon to it from the Diversa and CCSL sale. Bob Neill of Seaview Consulting was chosen by PwC to run the sale for OneVue. However, Sargon's Chinese ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... control. OneVue is looking to recoup about $31 million owed to it by under-liquidation Sargon Capital, from when it sold Diversa Trustees and CCSL business to Sargon. As of this morning, OneVue's receipts from all four avenues are under a cloud as fresh ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... there will be a $79 million shortfall. The three biggest of its creditors are Taiping Trustees ($99.5 million) followed by Diversa Pty Ltd ($31.3 million) and Trimantium Investments Management ($10.14 million). Wexted estimates that Taiping's claim ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... to his resignation from the board of DSMJ and as chief executive of Grow Super has been appropriate." OneVue, owner of Diversa Trustees which is the trustee for Grow Super, declined to comment. Financial Standard previously reported that Grow Super was ...