OCV octaviar limited

forest resort in reveivership

  1. duped
    206 Posts.
    clock Created with Sketch.
    20/04/09
    13:51
    Post #: 5030219
    From http://www.businessspectator.com.au/bs.nsf/Article/Below-par---golf-resort-put-in-hands-of-receivers-R9TE6?OpenDocument

    "Below par - golf resort put in hands of receivers

    Abstracted from The Australian Financial Review

    KordaMentha has been appointed receiver of Forest Resort, a $A250 million golf resort near Ballarat in Victoria. Jim and Joan Walsh, the owners of the resort, were unable to repay $A38 million due to their first mortgagee, investors in the Premium Income Fund

    Distributed by News Bites. Copyright 2008 LexisNexis Australia. All Rights Reserved"
    OCV Price at posting: 99.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS Unemployment expectations correctly called today's 4.3% rate
right-arrow Created with Sketch.
NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
NEWS Watch Exclusive Interviews with ASX Leaders
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.