This article is from the Australian Property Journal archive
PORT Bouvard has appointed two joint lead managers to help the group pursue execute its capital management strategy.
Euroz Securities Limited and Macquarie Capital Advisers Limited will assist Port Bouvard to help restore the company.
PBB has been in voluntary suspension on the ASX since October last year.
And in December last year, it renewed bank facilities totalling $167.7 million with its primary financier St George Bank. There are three separate facilities with expiry dates extending up to December 31 2011.
The company will release a further announcement shortly in regard to the anticipated date the company’s securities will recommence trading on the ASX.
The company said it will shortly provide a full operations update.
Australian Property Journal