AUSTRALIA: IWIF seeking expansion in overseas markets
By Tony Baker | 9 August 2001
The Australian stock exchange listed International Wine Investment Fund plans to expand within Australia and offshore. It will seek shareholder approval to raise overseas investments to 20% of assets and increase its borrowing from 15 to 30% of assets giving it A$100m to invest.
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The Australian stock exchange listed International Wine Investment Fund plans to expand within Australia and offshore. It will seek shareholder approval to raise overseas investments to 20% of assets and increase its borrowing from 15 to 30% of assets giving it A$100m to invest.
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