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Nearly two years on from the collapse of Sargon, co-founder Phillip Kingston is attempting to have his own liquidators appointed to investigate its demise.
The New Criterion's Tim Boreham highlights some of Australia's oldest listed trustee companies walking the "super" path
Switzer Daily The walls of the Melbourne headquarters of Equity Trustees (EQT) are adorned with the portraits of former prime ministers, premiers and governors-general who have served on the board of the stately 133 year old institution. The roll call of dignitaries includes 19 th century premier Sir Charles Sladen, prime ministers Stanley Bruce and Robert Menzies and former governor general Ninian Stephen. In Marc,h former Abbott/Turnbull era Cabinet minister Kelly O’Dwyer joined the board, filling a seat vacated by former Victorian premier and Hawthorn Football Club president Jeff Kennet...
Quantitative market analysis Future scenarios for the token economy “Cryptographically secured digital assets and blockchain technology are dramatically changing the world of finance, investments, startups, and venture capital, while spurring business model innovation on a global scale,” Mr. Mougayar said. “Token Summit will be a seminal event for those who want to learn about the newest methods of capital raising, and the ways in which tokenized money is disrupting our economy. Our distinguished speakers will explore the economics, valuations, governance, regulations, compliance and th...
Westpac to recover bulk of funds in Sargon collapse Share Westpac will get the lion’s share of leftover money from the sale of a handful of assets which operated under the Sargon umbrella following the collapse of the formerly Phil Kingston-run financial technology business. More than a year after the collapse of Sargon following a loan repayment demand from China state-owned finance company Taiping Trustees, and nearly a year since proceedings got under way in the Federal Court of Australia, Justice Michael O’Bryan ruled Westpac is entitled to 65.5 per cent of retained proceeds from cert...