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AIMS Property
29-10-2018, 07:28 PM.
Post: #1
AIMS Property
Samuel Terry Asset Management calls unitholder meeting to wind up AIMS Property Securities; Sandon Capital and Samuel Terry have agreed to work together

The link to the meeting booklet (including Letter from Samuel Terry Asset Management) can be found here: https://www.samuelterry.com.au/pdf-lette...t-2018.pdf

If you have any questions, please contact Fred Woollard, Managing Director of Samuel Terry Asset Management, on +61 (0) 400 001 976 between 8.30am and 5.30pm (AEDT) Monday to Friday or email to fred@samuelterry.com.au.

Highlights:
  • APW units consistently trade at an excessive discount to NAV – currently 26%
  • Weak corporate governance with non-disclosure of fees and related party investments
  • Deteriorating financial performance
  • Unitholders could receive cash of (at least) A$2.37 per unit, the NAV, versus the current price of A$1.75, via an orderly wind up.


Attached Files
.pdf   Meeting Booklet - STAM re APW (final 29 Oct 2018).pdf (Size: 510.41 KB / Downloads: 1)
.pdf   Samuel Terry calls to wind up APW_.pdf (Size: 213.11 KB / Downloads: 1)

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