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Court freezes assets of Rashid Alshakshir in response to ASIC application

Following an application made by ASIC, the Federal Court has made orders freezing assets of Rashid Alshakshir.

The Federal Court has made interim orders freezing certain assets of Osama Saad, former director of Aus Super Compare and Atlas Marketing.

ASIC has obtained interim orders from the Federal Court freezing the assets of the Shield Master Fund.

ASIC has made interim stop orders on four product disclosure statements (PDSs) for classes of units of the Shield Master Fund.