AMP Shopping Centre Trust 01 - Panel Publishes Reasons in AMP Shopping Centre Trust 01
The Panel advises that it has today published its reasons for its decision in the AMP Centro 01 proceedings, which it announced on 13 May 2003. The Panel's decision was to make a declaration of unacceptable circumstances in relation to the affairs of the AMP Shopping Centre Trust (ART). The Panel made orders preventing ART's interests in five major shopping centres being bought out solely because AMP Henderson Global Investors Ltd. (AMPH) is removed as responsible entity of ART following a successful takeover bid for ART.