ASIC Action Centro Properties Group (Centro) has been served with documents filed by the Australian Securities & Investments Commission (ASIC) relating to civil proceedings that ASIC has commenced in the Federal Court of Australia. The proceedings relate to Centro’s financial accounts for the year ending 30 June 2007. The action is against two current and four previous directors as well as two former executives who were the Chief Executive Officer and the Chief Financial Officer of Centro at that time.
CNP Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
