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Allens advises CBA on $1.25bn Hybrid Issue
News 15 Nov 2018

Allens is advising Commonwealth Bank of Australia ( CBA ) on its offer of CommBank PERLS XI Capital Notes, originally announced on 1 November 2018 to raise approximately A$750 million (or more or ...

Draft legislation released to improve corporate law compliance burden
Insight 17 Apr 2014

An exposure draft of proposed legislative amendments designed to reduce the compliance burden for businesses has been released by the Federal Government The amendments include long-awaited changes to the dividend payment rules the abolition of the 100 member rule and updates to remuneration ...

Allens advises Keppel Infrastructure Trust on $1.1bn acquisition of Ixom
News 18 Dec 2018

Allens has advised Keppel Infrastructure Trust (KIT) on its acquisition of leading chemicals business Ixom for an enterprise value of $1.1 billion. The acquisition, from Blackstone managed funds an ...

ASIC on confidential information and briefings
Insight 03 Jun 2014

ASIC recently issued a report on the handling of confidential information by listed entities and their advisers focusing on analyst and investor briefings and unannounced corporate transactions While the report does not identify any systemic issues it does highlight a number of areas of concern ...

The final analysis: Updates to ASX Guidance Note 8 on Continuous Disclosure take effect
Insight 14 Jul 2015

Earlier this year ASX issued a consultation paper on proposed changes to Guidance Note 8 that sought to clarify existing continuous disclosure policy ASX has now released its consultation response together with the final version of Guidance Note 8 which took effect on 1 July 2015 While the final ...

PNG securities laws rewrite
Insight 09 Nov 2015

Those dealing in PNGs capital markets should be aware that the PNG Parliament recently passed a package of legislation to substantially amend and strengthen the regulation of its capital markets The regime will introduce new licensing requirements for those involved in activities such as securities ...

ASIC to seek recovery of investigation costs
Insight 31 Jul 2015

This week ASIC flagged a change in its approach to the exercise of its power to make orders to recover expenses and costs associated with investigations Information Sheet 204 indicates that ASIC will be making greater use of this power to seek recovery of its costs from individuals and companies ...

Amendments reduce compliance burden for ASX-listed NZ companies
Insight 01 Sep 2015

ASX has released a number of proposed amendments to the ASX Foreign Exempt Listing Rules that will significantly lower both the ongoing compliance burden and the admission thresholds for New Zealand companies already listed or seeking a listing on ASX Partner Robert Pick Senior Associate Georgie ...

Workplace relations
Insight 04 Mar 2015

In this issue we look at recent important decisions concerning calculating payment of accrued leave on termination redundancy of senior executives the redundancy risk posed by attempts to forcibly relocate employees disaggregating lawful and unlawful reasons in adverse action termination claims and ...

How the UK's Brexit decision could affect you
Insight 20 Jun 2016

This week the UK will vote on whether it wants to remain part of the EU This decision could have global economic impacts and affect your business For instance how will it impact on free trade agreements with Europe and the rest of the world the pace of deals in the UK and the UK regulatory ...

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