ASIC Makes Stop Orders Against Bathla Lender Angas Securities

ASIC makes stop orders against Bathla lender Angas Securities

Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The corporate regulator has made interim orders barring Angas Securities from offering two managed investment schemes holding $114 million, raising concerns that it failed to disclose its exposure to collapsed developer Bathla Group. Subscribe to Lawyerly to access this article. Already a subscriber? Username o…

Bathla lender blames spreadsheet error for stop order

A private credit firm penalised by the regulator for not disclosing ties to Bathla Group says it has...

Developer's lender whacked as collapse probe continues

A private credit firm has been penalised by the finance watchdog as the fallout intensifies from the collapse of a property developer.

Bathla lender finds itself in ASIC’s sights over disclosure failures

The Adelaide private credit provider is accused of not adequately revealing its financial position and exposure to the collapsed developer to investors.

Australian regulator blocks two private credit funds over investor…

Australia's securities regulator has issued interim stop orders against two private credit investment funds managed by Angas Securities, citing concerns that investors may not have received adequate information about financial risks, according to a report by Bloomberg.The Australian Securities and Investments Commission (ASIC) has prevented the Adelaide-based firm from offering, issuing, selling or transferring interests in the Angas Prime Incom…