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Search ResultsShowing 1 - 10 of 24 results for "Diversa Trustees"
IRESS advances surprise bid for OneVue
KANIKA SOOD  |  MONDAY, 1 JUN 2020
... 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 claims ...
Grow Super co-founder in alleged betting scandal
ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... 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 looking ...
Sargon buyers tap former PEXA chief as adviser
KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... payments on its debt to a Chinese lender, it put eight subsidiaries that hold its operating businesses (such as Diversa Trustees) in voluntary administration under EY to protect its interests. New York financier and Sargon investor Teddy Wasserman emerged ...
Sargon Capital to be liquidated
KANIKA SOOD  |  THURSDAY, 9 APR 2020
... recover amounts owed to it at subsidiary-level (referring to eight Sargon subsidiaries which own assets like Diversa Trustees and CCSL, and is currently in a sales process run by EY). However, OneVue said, if the recoveries at subsidiary level are not ...
Sargon trustee businesses sale expected soon
KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... revealed. At the time of acquisitions, Sargon's agreed to a purchase price of $94.6 million across three assets Diversa Trustees, CCSL and Australian Executor Trustees. OneVue was owed $31 million by Sargon Capital, from when it sold its Diversa ...
Raiz cuts AET amid Sargon saga
ALLY SELBY  |  MONDAY, 2 MAR 2020
... companies to an external, unnamed buyer in an exclusive sale agreement. These include business units such as AET, Diversa Trustees, CCSL. Although the sale price is currently unknown, it is thought to be much less than the original purchase price paid ...
HUB24 also in line at Sargon
KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million in total liabilities. The $154 million in liabilities across the eight companies ...
Sargon finds buyer for trustee business
KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... operations. At the time of acquisitions, Sargon's agreed to a purchase price of $94.6 million across three assets Diversa Trustees, CCSL and Australian Executor Trustees, which are a part of the sale. The full extent of assets sold is not yet known. ...
Sargon clouds OneVue results
KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... trustee business and other assets on an urgent basis. "We are unable to take ownership back of those businesses [Diversa Trustees and CCSL] as the sale was completed. However, we understand that we are the only material creditor of the business and the ...
OneVue recoups $4.36m from Sargon
KANIKA SOOD  |  THURSDAY, 20 FEB 2020
... total $31 million that OneVue is looking to recoup. That is the amount outstanding from 2018 when it sold its Diversa Trustees and CCSL business to Sargon Capital for a total of $45 million. To this end, OneVue is shifting its focus to selling Madison ...
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