The merger of Suncorp and Promina in March 2007 has brought together two successful financial services groups, with a singular focus to become the leading diversified financial services provider in Australia and New Zealand.
Tax information for Suncorp shareholders can be found in the Suncorp Entitlement Offer Prospectus.
Tax information for Promina shareholders can be found in the Scheme Booklet.
For background information on the merger, see our archived documents.
From John Story, Chairman
"The past year has been a very important period for Suncorp, with the successful completion of the merger with Promina Group Limited. Given the major complexities involved in the transaction, its seamless implementation was a significant achievement. With the combination of the general insurance and wealth management businesses of Suncorp and Promina, together with the existing banking operations of Suncorp, the merger has created one of the largest diversified financial services providers operating in Australia and New Zealand.
Without in anyway detracting from the significance of the achievement, we acknowledge that this is but the first step. Your Board and Management are now fully focused on the effective integration of the operations of Suncorp and Promina. Our objective is to achieve this in such a manner as to preserve the best of their respective strengths and capabilities, to maintain the momentum of their respective businesses and to drive the full benefit of the financial synergies that underpin the transaction.
Above all, the merged Group has set itself the strategic vision to become the most admired financial services organisation in Australia and New Zealand, from the perspective of each of our customers, our employees, the communities in which we operate and our shareholders.
Extract from John Story's letter to shareholders in Suncorp's Annual Report
Read the Chairman's full address (PDF, 72K)
From John Mulcahy, Managing Director and CEO
"Suncorp first started planning for the Promina Group transaction in 2005 and everything we learned since then, including the early stages of integration, has only served to underline the huge opportunities that are available to us.
Since the merger was completed in March 2007, much progress has been made on integration. We have appointed the new executive team who have defined the purpose – ‘we help people build and protect their dreams’ – and vision ‘ to be the most admired financial services organisation in Australia and New Zealand’ of our combined organisation. These two simple statements articulate clearly why we are in business, what we aspire to achieve and how we want to be viewed by our shareholders."
Extract from John Mulcahy's letter to shareholders in Suncorp's Annual Report
Read the Managing Director's full address (PDF, 96K)
For further information, please:
- Call the Suncorp Shareholders Information Line on 1300 882 012 or 61 2 8280 7450
- Email Us
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