News

Number of news items returned: 161 to 180 records of 349

Significant Commercial Agreement - Trading Halt CRe8 Home and Finance Limited (ASSOB: CHF)

08 October 2015

(9273 views)

"CRe8 has signed a significant commercial agreement, which in the Directors’ opinions materially enhances the value of the company. CRe8 ...

Ocular Robotics: Australian Robotics Company a Game Changer in Silicon Valley

28 September 2015

(11117 views)

  "Ocular Robotics has been recognised as a game changer in the global robotics revolution. The Next Generation Game Changer Award ...

Funding Strategies Connect - September 2015

24 September 2015

(8935 views)

Dear Readers, This month I am delighted to share updates from YDF, CRe8, ATIC, Mandala, Opmantek, Ocular Robotics and Squirel with ...

YDF Holdings reaches minimum subscription, launches on ASSOB's primary board

17 September 2015

(10009 views)

"Your Digital File (ASSOB: YDF) is thrilled to announce that the Company’s capital raise has reached minimum subscription and the ...

Squirel completes capital raising

16 September 2015

(10467 views)

"Squirel Ltd (“Squirel” or the “Company”) (ASSOB: SQU) is pleased to announce the suspension of it’s capital raising campaign and ...

The BioCube Corporation: Feronia signs agreement to purchase first Biocube for Africa

15 September 2015

(8143 views)

The BioCube Corporation website published the following article on September 15th, 2015:   "The BioCube Corporation confirms Feronia Inc., an agribusiness operating ...

Ocular Robotics selected to meet with ABB Robotics CEO, captures 3D scenes in Japan, technology to assist firefighters

09 September 2015

(9853 views)

  " Ocular Robotics selected for meeting with ABB Robotics CEO In August OCR participated in a competition run by UK Company Idea ...

Opmantek signs major deal with North American Fortune 50 Company

08 September 2015

(10260 views)

"Opmantek Ltd (ASSOB: OMK) are excited to announce a signed contract with a preeminent North American Fortune 50 company to ...

Australian Trading & Investment Corporation - Free Trial Offer

08 September 2015

(9487 views)

"Greetings… My name is Daniel Hendry (CEO: Australian Trading & Investment Corporation), and below is a summarized update on the company ...

Private Equity - Size Matters

08 September 2015

(9009 views)

"One of the common differences of between public and private firms is size. More often than not, the investment opportunities ...

Mandala Announces Acquisition of Two Properties

03 September 2015

(10986 views)

"Mandala Asset Solutions Pty Limited as manager of the Trinity Accommodation Regional Hospitality Fund (TARHF) is delighted to announce the ...

Two key milestones for Your Digital File in August

31 August 2015

(9145 views)

"August included two key milestones for Your Digital File: The launch of Pilot programs in the legal and educational sectors Our new ...

Uchoose confirms 6th consecutive quarter of sales growth and welcomes leading industry authority to advisory role.

31 August 2015

(9373 views)

"Uchoose is pleased to announce its 6th consecutive quarter of growth in sales for April-June and to coincide with this ...

Private Funding

29 August 2015

(10468 views)

Looking for Private Funding to grow your business?  We can assist with your financing strategy whether it being to raise ...

Funding Strategies Connect - August 2015

28 August 2015

(10481 views)

Dear Readers, A busy month has flown by with great achievements by some of our clients. Our congratulations go to: * Opmantek ...

CRe8 Home & Finance: Private Equity Gateway engaged to broker initial $50M facility

28 August 2015

(10794 views)

CRe8 Home and Finance is very pleased to announce they have engaged Private Equity Gateway Group (PEGG) (introduced by and ...

Raise Capital for my Business

25 August 2015

(11204 views)

It is important to become "investor ready" in order to prepare the business to raise capital.  Generally we follow a ...

Mobicon: New Entity for Mobicon and great financials for 2014-15

21 August 2015

(10229 views)

Early July a new entity was formed. Both Mobicon Systems and Mobicon Rentals are now under the umbrella of Mobicon ...

Opmantek Software voted people's choice for systems management in 2015 American Business Awards

14 August 2015

(10499 views)

Opmantek Software has been voted America’s favourite systems management product in The 13th Annual American Business Awards. Opmantek’s newest accolade was ...

Opmantek voted America's favourite in US Business Awards

13 August 2015

(10287 views)

GOLD Coast IT success story Opmantek has snared the Oscars of the US business world. The Surfers Paradise-based software firm has ...

"Equity crowdfunding bill passed, but proprietary companies still excluded"

20 March 17

"Equity crowdfunding bill passed, but proprietary companies still excluded"

 

"Retail investors will from September be able to buy up to $10,000 of equity in their favourite business ideas, after crowd-sourced funding legislation passed the Senate.

The legislation will allow unlisted public companies with annual turnover or gross assets of up to $25 million to advertise their business plans on licensed crowdfunding portals, and raise up to $5 million a year to carry them out. Investors can put up to $10,000 a year each into an unlimited number of ideas.

A 48-hour cooling off period had applied to the legislation which passed the House of Representatives in February, however the Labor Opposition successfully amended this to five days, with support from the Greens and the Nick Xenophon Team.

However Labor was unsuccessful in a bid to make the legislation immediately apply to proprietary companies, a structure used by around 99 per cent of Australian businesses.

 

by Michael Bailey, AFR, 20 March 2017

Read more: http://www.afr.com/leadership/entrepreneur/equity-crowdfunding-bill-passed-but-proprietary-companies-still-excluded-20170320-gv1xvt#ixzz4bvzIl98q