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GENERAL NEWS/05.23.2014
By Wouter KlijnAIMS Funds Management has won a long-running court case against the responsible entity (RE) of a managed investment scheme now known as P-REIT.  After a High Court judgment in favour of AIMS, the fund manager was awarded more than $10.8 million plus interest plus the costs of the trial to be paid by the RE of P-REIT, TFML Limited.  AIMS has calculated the interest on the judgment against TFML as more than $4.6 million. “This amount plus the judgment debt, which ...
GENERAL NEWS/03.10.2014
Source: Sydney Morning Herald   By: Shaun Drummond The Asia Pacific Stock Exchange has been a long time coming. It finally listed two Chinese companies last week six years after entrepreneur George Wang bought the licence from the failing Austock Group in 2008. Despite the delay, Mr Wang said he had big plans for the new Chinese Australian stock exchange in Sydney. ''There will be a small number [of companies] initially,'' he said. ''We need to put the time in to make sure the sys...
GENERAL NEWS/03.10.2014
David Lawrence, COO of APX (right) and George Wang, chairman and CEO at the opening of the new stock exchange. Photo: Louie Douvis Source: The Australian Financial Review      By: Shaun Drummond The Asia Pacific Stock Exchange has been a long time coming. It finally listed two Chinese companies last week six years after entrepreneur George Wang bought the licence from the failing Austock Group in 2008. Despite the delay, Wang says he has big plans for the b...
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