ASX Announcements
Retirement of Independent Director & New Board Appointment
Director Appointment/Resignation
- Jan 31, 2025
- 2 pages
Change of Director's Interest Notice - S Evans
Change of Director’s Interest Notice
- Jan 24, 2025
- 2 pages
August 2024
NAOS shaves down stake in COG Financial Services; Morgans on ticket
Street Talk spotted a big line trade on Thursday morning representing 13.5 per cent of the ASX-listed company via stockbroker Morgans.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2014
Can you win big with micro-caps?
Fortune hunters seeking stocks that soar tenfold are usually portrayed as speculators punting on “penny dreadful” mining stocks, not portfolio investors risking their retirement savings on the next big thing. But those seeking growth are increasingly scouring the market for micro-cap stocks that potentially offer sharply higher returns.
- Tony Featherstone
November 2013
Naos Emerging Opportunities in $6m placement
Naos Emerging Opportunities Company (NCC) has joined the growing army of listed investment companies raising equity, seeking $6 million in a placement.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
January 2013
Energy, property floats among fledgling flyers
The sharemarket rally is starting to help the float pipeline, with more IPOs closing in the new year, although conditions remain tough for small companies seeking capital.
- Updated
- Tony Featherstone
October 1999
New Cap execs face legal action
Creditors to failed reinsurer New Cap Re will this week consider legal action against former directors, auditors and advisers after the company was forced into liquidation with debts of at least $US250 million ($382 million).
- Bernard O'Riordan
April 1999
Disaster strikes: New Cap blown away
Hurricane-hit New Cap Reinsurance Corp has been forced into voluntary administration after buckling under the weight of a series of disasters.
- Bernard O'Riordan
ASIC to examine New Cap complaint
Australia's top corporate regulator is investigating a complaint that New Cap Reinsurance Corp may have breached disclosure rules by belatedly revealing market-sensitive information.
- Bernard O'Riordan
New hope for troubled New Cap
Two international insurance groups have expressed interest in acquiring cash-strapped New Cap Reinsurance Corp during talks with the company's co-founder and former chief underwriter, Mr Volker de Chelard.
- Bernard O'Riordan
New Cap asks international giants to come to the rescue
Cash-strapped New Cap Reinsurance would have little choice but to run down its book if it was unable to attract a buyer or secure an equity partner, stockbroking analysts said yesterday.
- Bernard O'Riordan
New Cap approaches rivals
Hurricane-hit New Cap Reinsurance Corp is attempting to offload its troubled insurance book and has approached three of its main industry rivals with takeover proposals.
- Bernard O'Riordan
Former rising star now an ill-fitting Cap
New Cap Reinsurance Corporation Ltd began in 1996 as an exuberant and exciting new start-up venture; but less than three years later, analysts say it has been reduced to an ailing organisation with an uncertain future.
- Hans van Leeuwen
March 1999
Reinsurance firm fails to lodge accounts
New Cap Reinsurance, which has twice failed to meet a reporting deadline for its calendar 1998 results, had still not lodged its full-year accounts with the Australian Stock Exchange late last night.
- Bernard O'Riordan
Struggling New Cap loses chief
The outgoing managing director of embattled listed reinsurer New Cap Re, Mr Azmin Daya, said he believed the company would survive, despite widespread predictions of its demise.
- Hans van Leeuwen
New Cap delays results a second time
New Cap Reinsurance failed to lodge its full-year results for the second time in two weeks yesterday, with a further deterioration in its claims reserves forcing it to delay the release of its results until at least next week.
- Bernard O'Riordan
Battered New Cap looks for rescuer
Specialist reinsurer New Cap Reinsurance, which is headed for a loss of more than $US100 million ($156 million) for the year to December, said yesterday it would consider a takeover or strategic alliance due to a severe capital shortage.
- Bernard O'Riordan
New Cap seeks share suspension
New Cap Reinsurance Corp is headed for a worse than expected loss, with the company forced to take the embarrassing step yesterday of seeking a suspension of its shares because it cannot complete its accounts within the deadline set by the stock exchange.
- Ian Rogers