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Showing 51 - 57 of 57 results for "Retirement village"

Aust Unity to expand retirement villages arm

... launched a fixed income product designed for retirees and will use the funds raised to expand the company's retirement village operations. The group has announced it will issue Retirement Village Investment Notes, a fixed income instrument where investors ...

ASIC shuts down property investment companies

... raised just over $5 million between March 2003 and March 2004 to fund the purchase of land and construction of a retirement village in Berwick, Victoria, during an its investigation into the two organisations. Investors had allocated money to the companies ...

Primelife's settlement with ASIC comes at a high price

ASIC has reached a settlement with Primelife with regards to 20 allegedly unregistered management investment schemes including a payment of up to $600,000 to meet ASIC's legal costs and up to $1 million to cover independent accountant reports. In September ...

Federal Court makes orders in relation to Primelife Investment schemes

Following orders by the Australian Securities and Investments Commission, the Federal Court in Melbourne has made orders to appoint an investigative accountant to review the affairs of 37 investment schemes connected with Primelife Corporation Limited ...

FKP announces completion of $47 million institutional placement

AAP  |  THURSDAY, 25 MAR 2004
... million. The new equity raised will be used to lower gearing following the acquisitions of an 85% stake in listed retirement village operator Forest Place Group Ltd and the $41 million seed asset for FKP's second unlisted property fund - an office building ...

IOOF managing director to step down in June 2004

IOOF Group chairman Ray Schoer has announced the Board has decided against renewing the five-year employment contract of Group managing director Robert Turner, after it expires in June 2004. Mr Shoer said Mr Turner had undertaken the task of steering ...

Solicitor to stand trial for 39 charges brought by ASIC

... Commission (ASIC). The charges relate to the failed investment by Tietyens Investments Pty Ltd in the Tally Ho Retirement Village, located at Burwood East in Melbourne. Mr Sharp has been charged with 16 counts of making improper use of his position to ...
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