In 2005 FKP and Macquarie purchased the Metlifecare business in New Zealand from Mr Cliff Cook. Now Mr Cook has joined with a Chicago-based investment firm called Equity International to build a global retirement village business under the Sanctuary Residences brand, with villages planned for Sydney and Melbourne. They are targeting high-value locations for five-star villages.
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...