Elanor Funds Management’s board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.
Media giant Seven Network is facing a class action investigation into possible underpayments, including the alleged failure to pay rest breaks and overtime.
Optus has appointed former Sydney Water CEO and NBN Co director Kerry Schott to investigate a 13-hour Triple Zero outage linked to three deaths.
The FWO has taken the CFMEU and two officials to court for allegedly threatening to ban an Indigenous work hire company from working on Melbourne construction projects and making unlawful representations about CPB Contractors’ $761 million contract for the Monash Freeway upgrade.
The builder of the Duke apartment complex in the Melbourne suburb of Collingwood has blocked the property developer from accessing a bank guarantee, with a judge finding there were serious issues to be tried over payments under their $8 million contract.
In a new lawsuit, the FWO alleges CFMEU officials made unlawful representations to an Indigenous work hire company at the site for CPB Contractors’ $761 million contract for the Monash Freeway upgrade.
ACMA has kicked off an investigation into a 13-hour Optus Triple Zero outage connected to three deaths in two states, promising to look at Singapore-based parent company’s Singtel’s investment in the company’s network and reporting systems.
The owner of luxury brand Van Cleef & Arpels has taken retailers Target and Kmart to court, alleging they infringed its trade marks and violated consumer law by selling jewellery that copy its hallmark clover and flower motifs worn by countless celebrities and royalty.
Real estate investment manager JY Group has acquired a 50 percent stake in the Bankstown Central shopping centre in Sydney’s south-west for $318.6 million.
Two Optus customers alerted the company to a triple zero outage , during which four people died, hours before the telecommunications provider restored the emergency service, CEO Stephen Rue has revealed.