Business
Would-be Ant investors demand refund – The Australian Financial Review
Some of the more than 10 million retail investors who subscribed to five funds planning to invest in the share sale have demanded their money back.
The five fund operators said on Wednesday that they dropped plans to invest in Ants shares after suspension of the fi-tech giants $US34.5 billion ($51 billion) IPO.
According to Ants strategic allocation results, the five funds were set to acquire a total of 11.97 million yuan of Ants shares. The funds said they would invest their remaining assets as planned.
At present, the funds have been established, and the operation of the funds will not be affected, the fund companies said in a statement….
-
General18 hours agoARIA Awards 2025 winners: Amyl & The Sniffers and Ninajirachi dominate
-
Noosa News18 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial
-
General20 hours agoPerth man charged after investigation into organised crime and tobacco store attacks
-
Noosa News17 hours agoMurray Watt claims Queensland will follow Sussan Ley and ditch net zero by 2050