The 640,000 members of the automobile and insurance group, RAC, proved to be very attractive as a captive market for future ILU sales for St.Ives Group. They sold 49.9% to RAC.
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...