Over the past two weeks our clients at villages.com.au have been providing some very encouraging ILU sales feedback. For instance, Kevin Bown, Executive Manager of Ocean Gardens Village in Perth says sales have picked up such that in 2012/13 he will double his sales to 2011/12. UPA in the Murray River Region is achieving very good pre sales for its new village 15 in the past two months. The Gannon Group across SA and NSW regional areas are also reporting strong results as are Tall Trees in QLD.
So lets have a quick review of 2013.
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...