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The Myer retail group was founded by Sidney Myer, who migrated from Belarus to Melbourne in 1899 after the height of Victoria's gold rush, with very little money and little knowledge of English to join his elder brother, Elcon Myer (1875–1938), who had left Russia two years earlier.
On 13 March 2006, Coles Myer announced it would sell Myer to a consortium controlled by US private equity group Newbridge Capital. The consortium also included the Myer family, who held a 5% stake. The sale was completed for A$1.4 bn on 2 June 2006. [15] Coles Myer changed its name to "Coles Group Limited" in November 2006. [16]
Along with her son Carillo and brother Baillieu Myer, she established; Sidney Baillieu Myer AC [16] (Bails) (11 January 1926 – 22 January 2022) [17] m. Sarah née Hordern. Sidney Baillieu Myer was a co-founder and past president of the Myer Foundation. He was a Trustee of the Sidney Myer Fund from 1958 to 2001 and chairman from 1992 to 2001.
An internal company investigation in 1995 exonerated Lew but accused Quinn of helping organise a secret underwriting of the share transaction which cost Coles Myer $18 million. [ 6 ] In 1997, Quinn was charged with fraud after spending almost $4.5 million of shareholder funds on renovations to his mansion home in Templestowe .
A stock transfer agent, transfer agent, share registry or transfer agency is an entity, usually a third-party firm unrelated to security transactions, that manages the change in ownership of company stock or investment fund shares, maintains a register of ownership and acts as paying agent for the payment of dividends and other distributions to investors.
Sidney Baillieu Myer AC (11 January 1926 – 22 January 2022), also known as Bails Myer, was an Australian businessman and philanthropist. A member of the Myer family retailing dynasty, he was the son of Sidney and Merlyn Myer. He joined his family's company, the Myer Emporium, in 1949 and became its chairman in
Andrew Myer is a property developer and film producer. [23] Andrew is Chairman of Sidney Myer Fund and for five years held the position of Director and Co-Vice-President of The Myer Foundation. [24] Joanna Baevsky is a psychologist, and she and Michael Myer were producers, with Andrew Myer, of the 1988 film Radiance. [25]
A registered share is a stock that is registered to the name of the exact owner. [1] If the owner of such a share sells their share, the new owner must register with their name and other personal information such as address and birthdate. [2] Registered shares offer the issuer the advantage of always knowing who exactly their shareholders are ...