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Ann: Trading Halt , page-6

  1. Westhx
    5,224 Posts.
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    01/12/11
    15:05
    Post #: 9375916

    Centro Properties Proposal to Erase $3 Billion of Debt Approved by Judge


    Q
    By Joe Schneider and Nichola Saminather - Dec 1, 2011 1:13 PM GMT+1000 .

    ...
    Centro Properties Group (CNP), whose shareholders and debt holders agreed to a plan to wipe out A$2.9 billion ($3 billion) of debt last week, won court approval for the proposal, avoiding receivership.
    CER Price at posting: 30.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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