The Takeovers Panel has declared unacceptable circumstances around disclosures by Forrestania Resources, as part of its $93.5 million move to acquire Zenith Minerals.
An Applecross residential block – described as the “final undeveloped parcel on Duncraig Road” with views of the Swan River and Perth city – has been sold for $11.7 million.
Spanning 1,500 square metres, the land on Duncraig Road comprises a 450sqm home built in 1993 and was advertised by Hartanto Properties as having scope for a “landmark residence or premium investment”.
RP Data shows Concetta Nicoletti-Lewins purchased the property in Perth’s south from Fouad Falaki.
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