BRIEF-Mariner Corp says update on retirement village acquisitions

Fri, 07 Feb - 9:10am

Feb 7 (Reuters) - Mariner Corporation Ltd MCX.AX :

* Update on retirement village acquisitions MCX.AX

* Settlement of the two properties has not been completed

* Both Mcgrath Nicol in respect of Hermitage property and Suncorp-Metway Ltd in respect of Woniora property have notified co that contracts have been terminated

* Co is in dispute with each of the vendors as to the termination notices and continues to pursue settlement of the transactions

* Source text for Eikon News Search ID:nASX208MCf

((For more news, please click here MCX.AX )) ((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140206:nWNBS00B6Z:6
Topics: 
AU FINS CMPNY INVM ASIA BLR BISV DEAL1 LEN RTRS INVS BACT REGS FIN

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com