|
delisted after the final payment of $0.006 per unit (paid to unitholders on 15 April 2009) and the cancellation of all units in the Fund effective from close of trading on 15 April 2009
|
15/04/2009
|
|
an aggregate of 50,000,010
options issued in the Fund lapsed with effect from 31 March
2009 - as previously announced, a final distribution will be paid to unitholders and the Fund will
be removed from the Australian Securities Exchange on 15 April 2009
|
07/04/2009
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|
announces that all the remaining securities in the Fund have now been sold. As
a result, the Responsible Entity is in a position to make a final payment of $0.006 per
unit. This payment includes capital, interest and other income and will be paid on 15
April 2009
|
31/03/2009
|
|
the Responsible Entity is seeking to sell the remaining securities in the Fund. In order
to ensure these securities are sold in an orderly fashion that realises the best possible
value for unitholders, this will now result in a final distribution being made to unitholders
on or around 30 April 2009
|
16/03/2009
|
|
as part of the liquidation of the Fund, unitholders were paid $0.238 per unit on 27
February 2009, which represented approximately 96% of the Net Asset Value of the
Fund
|
27/02/2009
|
|
since the last portfolio update of 17 December 2008, the Responsible Entity has continued to
sell underlying investments as part of the liquidation of the portfolio - this has reduced the
weighting of securities from 49% to 4% of the Fund and increased the cash holding from 51%
to 96% - the Responsible Entity anticipates selling the remaining securities by the end of
February 2009
|
16/02/2009
|
|
releases an update - as the Fund was terminated on 28 November 2008, the Responsible Entity is currently divesting the
remaining securities
|
17/12/2008
|
|
announces Net Tangible Asset Backing
|
27/11/2008
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|
provides a portfolio update
|
14/11/2008
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|
Clause 33.1 of the Constitution provides that the Fund will be wound up on 28 November 2008 if, during the
period from 1 September 2008 to 23 November 2008 (Period), the volume weighted average price of Units
on the last trading day of each week during the Period is not at least 95% of the net tangible asset backing
of the Fund's assets as at the close of trade on the last trading day of each week during the Period for at
least 3 consecutive weeks during the Period (Condition).
Based on the above figures, that Condition is now satisfied and the Fund will now be terminated on 28
November 2008.
In consultation with the ASX, the Responsible Entity considers it appropriate that the Units and Options be
suspended from quotation with effect from close of trading on Friday 14 November 2008. The Fund will be
removed from the official list of the ASX shortly after 28 November 2008 and once all Fund securities have
been liquidated
|
11/11/2008
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