Its days of pioneering land sales in Western Australia on terms of a one-pound deposit and interest-free repayments of 10 shilling per month may be long gone, but property stalwart Peet Ltd has not lost any of its entrepreneurial spirit.
Peet Byford Syndicate Ltd has issued a prospectus to raise $8.5 million for a 19.7-hectare parcel of strategically placed land in the Perth suburb of Byford.
Western Australian property developer Peet & Company Ltd has issued a profit forecast for the current financial year of almost $35 million, a 10 per cent increase on the previous year.
Peet & Company Ltd 5-Aug-05 114,000,000 shares will be released from voluntary escrow on the date PPC intends lodging its Appendix 4E – Preliminary Final Report with the ASX.
