News

Trust's structure flawed

Tuesday 27th of January 1998
Both managed fund research houses back up gripes of some New Zealand Rural Property Trust unitholders that the fund's structure needs changing.
A group of 64 unitholders have called for a special meeting to vote on a number of resolutions, including one to wind up the $72 million fund.
Retired Wellington accountant Alex Paterson, who heads the group of petitioners, says, "the whole structu...
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