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Search ResultsShowing 1 - 10 of 32 results for "Sargon Capital"
OneVue to take Taiping to court
KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... court proceedings. The ASX-listed business is owed about $31 million from its 2018 sale of Diversa Trustees to Sargon Capital, which was forced into external administration in late January and then liquidation. OneVue this morning also updated on sale ...
HUB24 awards super trustee mandate
KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... superannuation boards. EQT now has about $8 billion in superannuation assets. Diversa Trustees was acquired by Sargon Capital from OneVue. Sargon's operating businesses have since changed hands to Certes Corporation, which is led by former PEXA chief ...
Sargon liquidators in talks with litigation funder
KANIKA SOOD  |  MONDAY, 15 JUN 2020
Sargon Capital's liquidators have found no takers for its May 22 call to creditors for extra funding to dig deeper into the company's affairs, and are now talking to a litigation funder. On May 22, Wexted Advisors asked Sargon Capital's 23 creditors ...
Major OneVue shareholder says IRESS bid too low
KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... go to a shareholder vote in early September. It came at a time when OneVue's $31 million in recoveries from Sargon Capital entities were put under a cloud as Sargon's Chinese lender Taiping Trustees made fresh claims to proceeds of sales from ...
Clime buys Madison Financial Group
KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... to the sale from Taiping Trustees Limited (ChinaTaiping), a Chinese state owned financier that is a creditor of Sargon Capital Pty Ltd, or alternatively a court order to permit the sale," OneVue said in June 1 filings. The buyer, Clime Investment Management ...
IRESS advances surprise bid for OneVue
KANIKA SOOD  |  MONDAY, 1 JUN 2020
... transition period and will consult to us on growth, strategy and clients after completion," he said. Separately, Sargon Capital's Chinese lender has asserted fresh claims over proceeds from the sale of Madison Financial Group and Sequoia shares, which ...
Sargon liquidators want to dig deeper
KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... litigation funding or other funding options possible," Wexted said in the latest report to creditors sent last Friday. Sargon Capital, which was the ultimate holding company to a number of subsidiaries, owes $162 million to 23 creditors, according to ...
Clime courts Madison Financial Group
KANIKA SOOD  |  MONDAY, 11 MAY 2020
... currently 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 ...
Sargon buyers tap former PEXA chief as adviser
KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... 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 ...
Madison sale slated for May completion
KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... 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 ...
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