|Search Results||Showing 1 - 10 of 20 results for "Diversa Trustees"|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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. ...|
|... 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 ...|
|... 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 ...|
|... of 20 cents. The move comes as OneVue tries to recoup $31 million that is outstanding from its 2018 sale of Diversa Trustees to Sargon Capital Pty. On Tuesday OneVue appointed PwC as the receivers for SC Australian Holdings 1 Pty Ltd. "[The receivers] ...|
|... OneVue Holdings into a trading halt on Friday, as it awaits deferred payments from Sargon for the sale of the Diversa Trustees business. Today, the ASX-listed business's board and executives said the Sargon saga hasn't impacted its day-to-day ...|
|... OneVue entered a trading halt, pending a statement about the developments at Sargon. OneVue Holdings sold its Diversa Trustees and CCSL business to Sargon in 2018. Sargon was to pay $37 million on completion and the $8 million in 12 months. At the time ...|
|... the market, provided this is done in a way that prioritises the best interests of members." Sargon also owns Diversa Trustees and CCSL Limited.|
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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