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Sequoia Financial Group Updates on InterPrac Sale Amid ASIC Receiver Proceedings and ASX Approval Delays

11:12am on Friday 10th of April, 2026 AEST Financial Services
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Sequoia Financial Group Updates on InterPrac Sale Amid ASIC Receiver Proceedings and ASX Approval Delays

11:12am on Friday 10th of April, 2026 AEST
Key Points
  • ASIC initiates court proceedings to appoint receiver over InterPrac guarantees
  • Receiver appointment limited to guarantees, not affecting InterPrac’s trading or sale progress
  • Sequoia disputes ASIC concerns about creditor interests and AFCA complaint liabilities
  • ASX delays decision on shareholder approval pending clarity on receiver appointment
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