Business Services Industry
Forestry fund abandons London for ASX listing.
Australasian Business Intelligence, December, 2005
Byline: John Wilkinson
Dec 02, 2005 (Money Management - ABIX via COMTEX) -- Queensland Paulownia Forests (QPF) is looking to list on the Australian Stock Exchange.
The agribusiness fund manager had recently decided against a listing on the London Stock Exchange Alternative Investment Market, due to the costs and efforts required to maintain
investor awareness overseas. QPF has appointed Hindal Securities and McMahon Clarke Legal to examine exit options for its investors. QPF has over $A80m in funds under management in 12 investment schemes covering some 3,500 growers, one-third of which are company shareholders.
Publication Date: December 2005
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