More than two decades after the Brisbane Markets site in Rocklea was privatised for $74 million, its owners have struck a tentative deal to remove a separate class of 'industry' shares so that an ASX listing is possible. According to predominantly industry-owned Brisbane Market Limited's (BML) most recent half-yearly report, the company has more than $259 million in total equity and $512 million in assets, mostly accounted for by the value of its investment properties. BML also has a 44.33 per cent shareholding in Perth Markets Group Limited (PMGL), having tried to secure a majority stake of up to 65 per cent recently that was met with push-back from West Australian industry owners over perceived illiquidity for the remaining 35 per cent of shares had they accepted the takeover. Read More: www.businessnewsaustralia.com/articles/brisbane-markets-on--pathway--for-asx-listing.html
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