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.
AUSTRALIA: IWIF seeking expansion in overseas markets
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.