Automotive Holdings. (AHG) News

Latest articles and price-sensitive announcements with AI sentiment classification.

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JPMorgan Chase Drops Below 5% Stake in Peter Warren Automotive Following Share Disposal

JPMorgan Chase & Co. and its affiliates have officially ceased to be substantial holders in Peter Warren Automotive Holdings Ltd (PWR), the ASX-listed automotive retailer, after reducing their shareholding through a series of securities transactions. The New York-based financial services firm’s relevant interest in PWR fell below the 5% substantial holder threshold on 20 July 2026, as disclosed in a Form 605 notice submitted to the ASX. This change followed active trading by JPMorgan subsi...

Kalkine
Neutral
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MoneyMe Announces Interest Rates for $517.5 Million Automotive Asset-Backed Securities Trust

MoneyMe Pty Ltd, serving as trust manager for the MME Autopay ABS 2024-1 Trust, has revealed the interest rates for its Class A1 and Class A2 Notes covering the period ending 19 August 2026. This update pertains to MoneyMe's $517.5 million asset-backed securities issuance secured by automotive assets, which settled in October 2024. The interest rate notification clarifies expected returns for investors holding these notes listed on the Australian Securities Exchange. Key Points MoneyMe Pty Lt...