New Look
Class is entering into an exciting period of growth and in this release, you’ll notice some visual changes that represent this transformation. Rest assured, this new look does not impact any of our features or functionality. More information on why we’ve decided to refresh our look will be shared with all customers next week.
New Features
AUSKey Replacement – Class has implemented new Machines to Machine (M2M) credential replacing the device AUSKey for its lodgement services to the ATO, this change should have no impact on your lodgement processing in Class.
Tax agents are reminded that AUSKey will be decommissioned by ATO on 27th March 2020, please refer to the user guide and ATO on steps of transitioning into the new MyGovID and Relationship Authorisation Manager (RAM).
Corporate Actions
The following corporate actions have been added into Class to allow users to process for those affected funds either individually or in bulk with just a few clicks:
|
ASX / APIR Code |
Company |
FY / Date |
Type of Corporate Actions |
Description |
|---|---|---|---|---|
|
CRD |
Credible Labs Inc. |
18/10/2019 |
Cash Takeover |
Fox Corporation (NASDAQ: FOXA) acquired all shares of Credible Labs Inc. (CRD) on 18/10/2019 for cash consideration of $2.21 per Credible CDI. |
|
BAL |
Bellamy's Australia Limited |
23/12/2019 |
Cash Takeover |
China Mengniu Dairy Company Limited (Hong Kong Stock Exchange: HKEX) has completed its scheme of arrangement to acquire all shares in Bellamy's Australia Limited (BAL) on 23/12/2019 for cash consideration of $12.65 per share. |
|
DN8 |
Dreamscape Networks Limited |
29/10/2019 |
Cash Takeover |
Web.com Group Inc acquired all of the issued shares of Dreamscape Networks Limited (DN8) through a scheme of arrangement on 29/10/2019 for cash consideration of 27 cents per Dreamscape share. |
|
EPW |
ERM Power Limited |
26/11/2019 |
Cash Takeover |
All shares in ERM Power Limited (EPW) were acquired by Shell Energy Australia on 26/11/2019 for cash consideration of $2.335 per EPW share. |
|
KSL |
Kina Securities Limited |
26/09/2019 |
Dividend Income |
26/09/2019 dividend income for Kina Securities Limited (KSL) has been updated from 3.4 cents per unit to 4 cents per unit, to match with the actual cash received. |
|
MOT |
MCP Income Opportunities Trust |
31/01/2020 |
Distribution Income |
31/01/2020 Distribution of MCP Income Opportunities Trust (MOT) has been updated from 1.15 cents per unit to 1.03 cents per unit, to match with the actual cash received. |
|
MRN |
Macquarie Media Limited |
14/10/2019 |
Cash Takeover |
Fairfax Media Limited, a subsidiary of Nine Entertainment Co. Holdings Limited (NEC) has completed its off-market takeover of Macquarie Media on 14/10/2019 for cash consideration of $1.46 per share. |
|
TFCF |
21st Century Fox Inc |
20/03/2019 |
Takeover / Merger |
Fact sheet on the steps required to process merger of Walt Disney Co (NYSE: DIS) and 21st Century Fox Inc (21CF) (NASDAQ: TFCF) on 20/03/2019 was published in the User Guide. |
|
VLW |
Villa World Limited |
30/10/2019 |
Cash Takeover |
Acquisition of all Villa World Limited (VLW) shares by AVID Property Group Australia Pty Limited was implemented on 30/10/2019 for a cash consideration of $2.035 cash per share. |
|
NML0001AU |
AMP Capital Wholesale Australia Property Fund |
31/12/2019 |
Distribution Income |
The payment date for NML0001AU provided by IRESS was incorrect and has been updated to 10/01/2020. |
Enhancements
- The Shopping Cart has been removed the Fund menu (DEV-18235)
- A display issue in the colour scheme settings on the White Label settings page has been fixed (DEV-18179, DEV-18240)
- Several formatting issues in the Excel Fund Loader - TBAR History tab has been fixed. (DEV-18142)
- Error handling when processing of the TRIS conversion event has been improved to prevent duplicate events being created. (DEV-18087)
- The integration between Class & RP Data Core Logic has been improved to prevent multiple valuations in the same financial year for a specific property. This was causing an error message when viewing the valuation. (DEV-17981, DEV-18163, BAU-11875)