Hi Jadel, I agree with your understanding that the PIF had lent the 63 mil to LLA and Arctic deal ultimately reimbursed the PIF..
Adams, King and White would know why LLA was in need of the funds.. They were developing Hotham with Ray Group using many mil and evidently the Gov is spending on the H village..
Very nice for Australian Tourism..and shareholders.
I dont know very much about LLA but found this "old" news interesting.
"Tuesday, 10 Aug 2004
MFS buys Japanese resort Queensland-based diversified financial services group MFS, which took control of Victorian ski resorts Falls Creek and Mt Hotham in May, on Monday unveiled a multi-million dollar plan to build an 8000 bed ski resort in Japan."
Story from Financial Standard..internet site..
Who knows maybe the Aquariums needed input.
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