11/10/2007 - 16:41

Macmahon replaces Centro in S&P All Australian 200

11/10/2007 - 16:41

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East Perth-based Macmahon Holdings Ltd has joined Standard & Poor's All Australian 200 index, after Centro Shopping America Trust was removed from the list after merging with Centro Retail Trust.

Macmahon replaces Centro in S&P All Australian 200

East Perth-based Macmahon Holdings Ltd has joined Standard & Poor's All Australian 200 index, after Centro Shopping America Trust was removed from the list after merging with Centro Retail Trust.

Centro's place on the S&P/Australian Securities Exchange 200 will be replaced by Melbourne-based oil explorer AED Oil Ltd.

 

 

The full text of an S&P announcement is pasted below

SYDNEY, Oct. 10, 2007 -- Standard & Poor's Index Services Australia today announced that it will remove Centro Shopping America Trust (ASX: CSF) from the S&P/ASX indices, subject to shareholder approval of the proposed scheme of arrangement under which the company will be merged with Centro Retail Trust (ASX: CER). Assuming that the scheme is approved, S&P will remove Centro Shopping America Trust from the S&P/ASX indices after the close of business on Oct. 12, 2007.

AED Oil Ltd. (ASX: AED) will fill the vacancy created by the removal of Centro Shopping America Trust from the S&P/ASX 200. Macmahon Holdings Ltd. (ASX: MAH) will replace Centro Shopping America Trust in the S&P/ASX All Australian 200 by. These changes are scheduled to become effective after the close of trading on Oct. 12, 2007.

 

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