Press Release: Report on Inaugural PXUPA IAC Open Meeting
PXUPA Investor Advisory Committee sets a clear tone stressing the importance of transparency and illustrating the absurdity of hybrid unitholders representing over 60% of PaperlinX’s equity and having no rights or control over their capital.
Presentation Slides for IAC Meeting
Please find below a link to the slides presented at the open IAC meeting on Thursday 22nd November, 2012. IAC Meeting Presentation 22-11-2012
Dial-in Details for IAC Meeting on Thursday 22nd November
Dial-in details for the PXUPA IAC meeting scheduled form 2:00pm AEDT, Thursday 22nd November
AFR Article on PXUPA Hybrids
Matthew Drummond from the Australian Financial Review writes on PaperlinX hybrids. “Nobody understood the complexity of this investment”
Hybrid Capital & Moral Hazard
Hybrid securities such as PXUPA are a textbook example of a moral hazard problem.
Invitation to Investor Advisory Committee Meeting
Responsible Entity for PaperlinX SPS Trust announces inaugural meeting for investors to be convened 22nd November 2012.