AMP Capital is seeking $150 million and is believed close to securing an Asian investment fund for just under 50% of Australias largest aged care operator, Domain. They want the cash to fund continued expansion of the business.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...