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Showing 711 - 720 of 2736 results for "Shareholders"

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... further revised SS&C scheme and terminated discussions with Apex. The directors of Mainstream unanimously recommended shareholders vote in favour of the SS&C revised scheme in the absence of a superior proposal. Mainstream first received an offer from ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... its retirement challenge, these assets must be put to work in products that can offer greater returns," wrote to shareholders.

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... running any organisation," the spokesperson said. "As we're run only to benefit members and not to generate profits for shareholders, it's not possible to absorb these cost increases indefinitely. An increase is now needed to ensure we can continue to ...

BetaShares appoints chief financial officer

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... a roughly 50% share in BetaShares Holding s, replacing Korea's Mirae Asset Financial Group and some minority shareholders. At the time, Vynokur said the transaction gives the firm two main avenues of growth: the organic growth in ETFs which are about ...

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... Phillips did not name. Investec remains the single largest investor in the fund with its $17 million stake. Other shareholders have committed a further $14 million of new capital into the fund as part of a second and final capital raising that is expected ...

Mainstream bidding heats up

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... further revised SS&C scheme and has terminated discussions with Apex. The directors of Mainstream unanimously recommend shareholders vote in favour of the further revised scheme in the absence of a superior proposal. Mainstream first received an offer ...

CountPlus firm finalises merger

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... retain a 51% stake in the merged firm. Despite having a lower shareholding, CountPlus expects positive earnings for shareholders. "The merger of Cooper Reeves with 4Front is another example of the CountPlus model which works on identifying and investing ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... legislation will see proxy advisers forced to be much more transparent on how and why they vote on matters put to shareholders. The government is proposing to reform proxy voting by requiring superannuation funds to disclose more detailed information ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
AMP chair Deborah Hazelton has dodged heavy-hitting questions from shareholders who demanded transparency on the firm's failure to reign in chaotic leadership changes and why they are the last to know about significant announcements. Shareholders ...

Disability income faces reckoning

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... distributing loss-making products and destroying shareholder value. Customers aren't happy either," he said. "Shareholders are hurting with losses and capital injection, yet we still struggle with the simple idea that we need to change and act together ...