Tue, Sep 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Future Fund’s rural play sours

Posted on 21 July 2011

A long-awaited move by the ­$71 billion Future Fund into agricultural land investment was threatening to unravel last night as its partner in the venture, PrimeAg Australia, faced a board ousting over the poor ­performance of its shares.
Shareholders representing 30 per cent of the company have been angered by plans for PrimeAg to raise its $125 million stake in the new land investment fund via a share issue at a discount to its already depressed price……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14659 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930