Martha Cove developer shares suspended over debt facility announcement
Posted in In The News on Aug 27th, 2008
SHARES in City Pacific-linked property developer CP1 were suspended from trading yesterday pending an announcement over its debt facility.
CP1, owner of the Gold Coast International Hotel and developer of Martha Cove on Victoria’s Mornington Peninsula, has a total of $122 million in loans from the Commonwealth Bank, with one of them due for repayment in [...]
