APD apn property group
Add to My Watchlist 0.00% ! 89.5¢

Ann: AGM Chairman and CEO address and presentation, page-2

  1. Csnody
    533 Posts.
    lightbulb Created with Sketch. 17
    clock Created with Sketch.
    10/01/19
    18:59
    Post #: 37084407

    Can someone with a little more expertise explain the proposal to me. I am not a shareholder but interested. 


    From my understanding they basically want to change from a company to a trust - changing from a dividend to a distribution?

    Therefore, not paying the company tax rate (and franking credits). Is this correct?

    APD Price at posting: 44.0¢ Sentiment: None Disclosure: Not 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 Rincon Lithium Project to be powered by 40MW energy infrastructure
right-arrow Created with Sketch.
NEWS Thick zone of high-grade gold mineralisation intersected at Fairview South
right-arrow Created with Sketch.
NEWS Anson Progresses POSCO Due Diligence with Bulk Green River Brine Shipment to Korea
right-arrow Created with Sketch.
NEWS La Negra delivers growth with exceptional silver equivalent drill results
right-arrow Created with Sketch.
NEWS Johns Lyng Group enters scheme implementation deed with PEP
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
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.