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BGH Capital closes in on theme park deal
ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... funding, the theme park and cinema operator is required to raise a minimum of $35 million through shareholder equity by the company's half year announcement in February 2021. The deal comes months after BGH's initial bid in January at $4 after another ...
First company lists on Sydney Stock Exchange
ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
Junior gold miner Torque Metals has become the first company to list on the Sydney Stock Exchange. Sydney Stock Exchange chief executive Michael Go said the listing was the first under the exchange's new strategy and that several more companies were ...
OneVue to take Taiping to court
KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... to assert its right to about $9.4 million sale proceeds of Madison Financial Group and Sequoia shares. The ASX-listed company said its preference is still to resolve the matter out of courts but felt it necessary to commence court proceedings to achieve ...
Pershing convicted for client breaches
ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
Pershing Securities Australia has become the first company in Australia to be criminally prosecuted over breaching client money obligations. The BNY Mellon subsidiary pleaded guilty in Sydney's Downing Centre Local Court and was ordered to pay a $40,000 ...
First Sentier bolsters board of directors
ALLY SELBY  |  THURSDAY, 6 AUG 2020
... from 1999 until his retirement from Fidelity in 2008. He is currently a board member of Marstone Inc, a digital advice company based in New York.
Bain Capital begins restructure reckoning
ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... sale agreement for the business with Bain Capital, the sale is not yet complete. Bain Capital has proposed a Deed of Company Arrangement as its preferred method of implementation, set to be put forward to a vote at the second creditor's meeting. ...
Chi-X TraCRs added to specialist platform
ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... teleconferencing provider Zoom, protective healthcare equipment producer 3M, global payments giant Mastercard and pharmaceutical company Gilead Sciences. WealthO2 co-founder and managing director Shannon Bernasconi said the new low cost and innovative ...
Iress adds to executive team
ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
The financial services technology company has added the newly created role of chief commercial officer to its leadership team. Michael Blomfield will step into the role and will be responsible for Iress' business growth objectives, including increasing ...
Big companies dig deep
ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... Rio Tinto, Newcrest and South32, with combined contributions over $100 million. BHP chief executive Mike Henry said the company will be establishing the Vital Resources Fund, which will provide support in a range of areas such as health services and ...
Pinnacle reports FY20 inflows, profits
KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... Firetrail and Antipodes fell under their high watermark for the 12 months, despite good COVID performance. Overseas, the company raising from clients in 15 countries across EMEA, Americas, APAC and most recently, UK. It is seeing the most demand for ...
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