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SYDNEY, Feb 1 (Reuters) - Australia’s Link Administration Holdings Ltd on Monday said it would prioritise a trade sale for its coveted stake in online conveyancing firm PEXA within months, instead of a demerger as it looks to capitalise on a property market rebound.
The strength of the housing market had influenced the decision to sell the stake outright instead of distributing PEXA shares to Link investors, the company said, even though it would mean paying capital gain taxes of about 30% on a deal.
Late last year, attracted by its 44.2% stake in PEXA - the dominant digital property transfer business in real-estate-obsessed Australia - at least two groups tabled unsuccessful bids for Sydney-based shareholder registry firm Link.
By Reuters Staff
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FILE PHOTO: Sep 2, 2020; Lake Buena Vista, Florida, USA; Game officials huddle as members of the Houston Rockets guard David Nwaba (0) and the Oklahoma City Thunder gather around them with 1.1 second left in game seven of the first round of the 2020 NBA Playoffs at ESPN Wide World of Sports Complex. Mandatory Credit: Kim Klement-USA TODAY Sports
(Reuters) -The National Basketball Association postponed Wednesday’s game between the Oklahoma City Thunder and Houston Rockets after three Rockets players returned tests that were either positive or inconclusive for COVID-19.
Four other players are quarantined due to contact tracing and the rest of the team tested negative on Wednesday, the league said.
(Reuters) -The National Basketball Association postponed Wednesday s game between the Oklahoma City Thunder and Houston Rockets after three Rockets players returned tests that were either positive or inconclusive for COVID-19.
Four other players are quarantined due to contact tracing and the rest of the team tested negative on Wednesday, the league said.
The NBA also fined Rockets All-Star guard James Harden $50,000 for violating the league s Health and Safety Protocols, which prohibit attending indoor social gatherings of 15 or more people or entering bars, lounges and clubs. Harden violated these rules when he attended a private indoor party on Monday, Dec. 21, the league said in a statement.
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The National Basketball Association postponed Wednesday’s game between the Oklahoma City Thunder and Houston Rockets after three Rockets players returned tests that were either positive or inconclusive for COVID-19.
Four other players are quarantined due to contact tracing and the rest of the team tested negative on Wednesday, the league said.
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The NBA also fined Rockets All-Star guard James Harden $50,000 for violating the league’s Health and Safety Protocols, which prohibit attending indoor social gatherings of 15 or more people or entering bars, lounges and clubs.