AMP Shopping Centre Trust 01 - Panel Declaration of Unacceptable Circumstances in Relation to Affairs of AMP Shopping Centre Trust
The Panel advises that it has today made a declaration of unacceptable circumstances in relation to the affairs of the AMP Shopping Centre Trust (ART). ART is a listed managed investment scheme which has investment interests in a number of shopping centres. The Panel has 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.