Polson Higgs

July 2009 News Archive

Cumberland Rural Properties Limited - Investment Opportunity

Summary

Cumberland Rural Properties Limited ("the Company") is offering investors an opportunity to participate in an issue of 3 million ordinary shares in the Company for $1.00 per share pursuant to a registered prospectus dated 30 June 2009 payable on application. The directors reserve the right to accept over-subscriptions up to a further 1,500,000 ordinary shares for any future property acquisition opportunities which might be available.

The Company has been recently formed in order to purchase two properties from Combined Rural Traders Society Limited ("CRT") and then lease those same properties back to CRT. Each of the properties is leased from CRT for 10 years with two rights of renewal of five years each. The relevant properties are:

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Last updated: 3rd Aug, 2009 | 3:11 pm

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