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Showing 51 - 60 of 485 results for "IPO"

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... an implied value of $170 million. The offer of $1.20 per share represents a 300% increase over Mainstream's share price at IPO in October 2015. The directors of Mainstream have unanimously recommended shareholders vote in favour of the scheme in the ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... together with Morgan Stanley Infrastructure Partners and Commonwealth Bank, said that they are exploring the possibility of an IPO for the digital property settlement solution. Link has a 44.18% interest in Torrens Group Holdings, the holding company ...

IPO outlook positive for 2021

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... encouraging for initial public offerings on the ASX this year as 14 companies are set to list, according to the latest HLB Mann Judd IPO Watch report. The 14 companies are seeking to raise $172 million, up from $111 million sought compared to the same ...

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... company director will be sentenced on April 30 after pleading guilty to charges relating to mishandling of client money in an IPO. Keith James Flowers (formerly Nigel Flowers) pled guilty to one charge each of dishonesty and theft at Sydney's Downing ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Slater and Gordon issued the embattled IPO Wealth Fund with a class action late last week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... solutions. NextGen Funds Management's AI Technology Fund will invest in debt or equity in AI businesses in startup to pre-IPO life stages. The return target is set at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. in base fees and ...

Kogan execs chase big bonuses

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... objectors were mostly "recent entrants to the register" not those shareholders who have enjoyed the companies gains since IPO. Kogan is currently trading at $17.69. In October, the share price was as high as $25. In its full year results, the company ...

Raiz appoints new chair

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
... director and chair of the company. Fay joined the board in October 2016 and played a key role in the company's early growth and IPO in 2018. Raiz said after four years Fay decided it was time to resign from the board to pursue other interests. "[He] ...

Pengana launches new Israel equities fund

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... manages about $350 million. It is a long-only fund with typical holdings in mature small or mid cap companies, including pre-IPO raises. Companies can be listed on either the Tel Aviv Stock Exchange or ex-Israel exchanges such as NASDAQ-listed companies. ...

Crennan nabs new gig

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
Former ASIC deputy chair Daniel Crennan has a new role with an advisory firm and boutique investment bank, which was named in an ASIC report in 2019. Crennan resigned from the corporate regulator just two weeks ago, following revelations that he was ...