FKP, the parent company to Aveo, as announced that after 12 months of negotiation they will establish a joint-venture to enter the Chinese retirement village market. This follows the first purchase of villages in the US in partnership with the Macquarie group.
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...