CER 0.00% 32.0¢ centro retail group

All,Remember this annoucement, see what it brings.I am actually...

  1. 58 Posts.
    All,

    Remember this annoucement, see what it brings.

    I am actually hoping for some of my $1.34 paid for CNP back. Maybe at the expense of a slight fall in my CER???? I converted most of my CNP to CER some time ago.

    RELEASE TO AUSTRALIAN SECURITIES EXCHANGE (“ASX”)
    FRIDAY, 3 APRIL 2009
    MEDIATION
    CENTRO RETAIL LIMITED AND
    CENTRO MCS MANAGER LIMITED
    CENTRO PROPERTIES LIMITED AND
    CPT MANAGER LIMITED
    1. The Board of Directors of IMF (Australia) Ltd announces that a court ordered
    mediation in the class actions against Centro Retail Limited and Centro MCS
    Manager Limited and against Centro Properties Limited and CPT Manager Limited
    has been convened for 16th July 2009.
    2. This announcement should not be taken to mean any more than that the parties
    propose to discuss settlement in good faith.

    Cheers
 
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