Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 2803 results for "Shareholders"

Aware Super invests in hotel site

KARREN VERGARA  |  WEDNESDAY, 6 OCT 2021
... excited by the journey ahead and the ability to provide a new level of accommodation across Europe together with our shareholders APG and Aware Super over the coming years." The $140 billion super fund recently bumped up its commitment to affordable ...

Soul Patts finalises merger

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... of arrangement, all Milton shares that are not currently owned by WHSP will be transferred today. Eligible Milton shareholders will receive 0.1863 WHSP shares and a fully franked dividend of 37 cents per Milton share will be paid to each shareholder. ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... to vote in favour of the merger, subject to independent experts concluding that it is in the best interest of PAF shareholders. PAF said it is engaging with PGF and WAM to see whether either or both are prepared to improve the terms of their offers. ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... Bank chief executive Matt Comyn appearing this morning. Comyn was asked about his interactions with institutional shareholders, and how shareholders might receive different treatment from the bank depending on the portion of shares owned. Comyn acknowledged ...

Australian Ethical overhauls longstanding fund

JAMIE WILLIAMSON  |  THURSDAY, 23 SEP 2021
... by FS Sustainability (then The Sustainability Report ) at the time, the resolution was overwhelmingly rejected by shareholders, but it marked the first time the fund had focused its advocacy on a non-climate related issue, which in turn saw the mandate ...

Social media pump and dumps gain traction

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... news about a company's potential. Then shares are sold (dumped) at an artificially inflated price, leaving other shareholders with losses as the price is likely to dive. "ASIC has been working closely with market operators to identify and disrupt pump ...

Former Regal FM portfolio manager banned

JAMIE WILLIAMSON  |  WEDNESDAY, 22 SEP 2021
... trading in the stock, ASIC said. The conduct occurred between March 2018 and June 2019. Regal Funds Management notified shareholders in November 2019 that an ASIC investigation into the trading of "certain securities" had commenced. In June this year ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... ownership leading to decreased competition "is based on fundamental misconceptions about the role of fund managers as shareholders on behalf of diverse clients with diverse portfolios, objectives and expectations". BlackRock said subsequent studies have ...

More departures at EISS Super

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
... the best interest of members". "The board has confirmed that the trustee retains the support of stakeholders and shareholders, and that vacancies on the board will be filled in accordance with the entity's constitution," EISS Super said. The board thanked ...

Super funds to front committee hearing

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... whether such concentration of capital and common ownership structures causes negative outcomes for smaller retail shareholders and consumers more generally," MP Tim Wilson said. "This hearing gives the committee a chance to question the super funds on ...