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Prime Trust wants more time for its strategic review

Feb 02 2009 Updated July 4, 2023

The Weekly Source

1 min read

The Board of Prime Trust, with over 48 villages and care facilities across Australia, wants more
time for its strategic review of their business, which may call for the sale of some or all of its
properties. This is a big turnaround from when boutique Melbourne corporate advisor Kidder
Williams bought out Prime founder Bill Lewski for $80 million just 9 months ago. Decisions
were due mid January but they have told the Stock Exchange they need more time.

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