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|Search Results||Showing 1 - 10 of 25 results for "Sargon Capital"|
|... in the process of being sold by OneVue. Madison, which is home to about 100 advisers, was previously owned by Sargon Capital but fell into OneVue's hands in February as the latter looked to recoup money owed to it by Sargon Capital when it went into ...|
|... businesses. Marcus Price was the chief executive of Property Exchange Australia from 2010 to October last year. After Sargon Capital had administrators appointed in late January upon defaulting on interest payments on its debt to a Chinese lender, it ...|
|... company said in quarterly update released this morning. OneVue took control of Madison Group in early February from Sargon Capital, as the ASX-listed companies tries to recoup the $31 million that Phil Kingston's fast-growing company owed it before defaulting ...|
|... company. Wexted Advisory's Andrew McCabe and Joseph Hayes, whom Taiping appointed as voluntary administrators for Sargon Capital and two Trimantium companies on March 6, have now been appointed to act as the liquidators in winding up Sargon Capital. ...|
|... operating business," OneVue said in an ASX statement. OneVue is also an unsecured creditor in the main holding company Sargon Capital. The company today said if the recoveries at the subsidiary level are insufficient, it will consider pursuing its own ...|
|... 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 Trustees business and CCSL to Phil Kingston's company. In late January, Sargon Capital and ...|
|Taiping Trustees on Friday appointed voluntary administrators for Sargon Capital and two Trimantium companies, in what could eventually decide Sargon's fate. Wexted Advisors' Andrew McCabe and Joseph Hayes were on March 6 appointed as the voluntary ...|
|Madison Financial Group has held on to its adviser numbers, as PwC and Seaview Consulting give prospective buyers a closer look at the advice group's numbers on behalf of OneVue. Madison's sale includes the advice group, but also three other ...|
|HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...|
|... 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 Financial Group. OneVue's receivers ...|
Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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