AUSTRALIA: Margaret River project given all-clear
By just-drinks.com editorial team | 28 January 2002
The Australian Securities and Investments Commission (ASIC) has lifted the block it had placed on the A$15m Margaret River wine investment project after the investors provided more details about the investment, notably the basis for its financial forecasts. The company concerned, Primary Securities, was required to publish a new prospectus after ASIC ruled that its original prospectus did not give potential investors in the Watershed project sufficient detail to make an informed decision.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The Australian Securities and Investments Commission (ASIC) has lifted the block it had placed on the A$15m Margaret River wine investment project after the investors provided more details about the investment, notably the basis for its financial forecasts. The company concerned, Primary Securities, was required to publish a new prospectus after ASIC ruled that its original prospectus did not give potential investors in the Watershed project sufficient detail to make an informed decision.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
