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Article: Mac Leisure slashes asset value by 9pc.

Article from:
Australasian Business Intelligence
Article date:
August 10, 2009
Copyright

Byline: Teresa Ooi

Aug 10, 2009 (The Australian - ABIX via COMTEX) -- Macquarie Leisure Trust plans to stage a stockholders' vote on cutting the ties with its current manager, investment bank Macquarie Group. Meanwhile the property trust has been forced to adjust downward the value of assets in its amusement parks and bowling alleys portfolio, by some 9% to $A620m. On ...

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