News

RMI investors offered refunds

Thursday 30th of March 2000
The new Australian owners of Harts Reeves Moses have discovered that investors in $19 million worth of the firm's contributory mortgages faced the prospect of losing up to 20 per cent of their contributions.

Brisbane-based Harts Group says that a pre-listing internal audit revealed that "a number (of the mortgages) contained breached of the Contributory Mortgage regulations, some of which c...

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