MFS update - listen to the AGM audio
February 2, 2010
Dear Mayne Report subscribers and a few extras,
the MFS story developed more dramatically as the day proceeded, with the total amount of value destroyed topping $1.2 billion when you consider all the different listed vehicles involved.
We've produced this comprehensive wrap on our website, including audio links to the debate with CEO Michael King about the $800 million UBS debt at last November's AGM. I reckon UBS is pulling the strings here but King was painting a very different picture answering the questions at the AGM, which chairman Andrew Peacock seemed to have little idea about.
There's also and a discussion on the whole drama of the markets, Centro and MFS with fill-in Adelaide radio presenter Nick Xenophon this afternoon.
Do ya best, Stephen Mayne
* The Mayne Report is a multi-media governance website published by Stephen Mayne with occasional email editions. To unsubscribe from the emails click here.
the MFS story developed more dramatically as the day proceeded, with the total amount of value destroyed topping $1.2 billion when you consider all the different listed vehicles involved.
We've produced this comprehensive wrap on our website, including audio links to the debate with CEO Michael King about the $800 million UBS debt at last November's AGM. I reckon UBS is pulling the strings here but King was painting a very different picture answering the questions at the AGM, which chairman Andrew Peacock seemed to have little idea about.
There's also and a discussion on the whole drama of the markets, Centro and MFS with fill-in Adelaide radio presenter Nick Xenophon this afternoon.
Do ya best, Stephen Mayne
* The Mayne Report is a multi-media governance website published by Stephen Mayne with occasional email editions. To unsubscribe from the emails click here.