We commenced proceedings against Angas Securities (Angas)
We refer to Angas Securities 17 October 2018 MARKET UPDATE ON CONTESTED CIVIL PROCEEDINGS - section 3 thereof (Publication).
The Publication is Misleading by reason of Inaccuracies and silence as to salient matters with our involvement in the Fernhill Estate.
Andrew Luckhurst-Smith Chairman of Angas is the Author of the NSX announcements.
Cubelic Holdings Pty Ltd and
Paul Cubelic refute All allegations made by Angas Securities Ltd.
Cubelic Holdings Market Update :
Angas Securities Ltd NSX announcement 22 February 2019
"The company (Angas) advises that it withdraws All Allegations made be it against Cubelic Holdings Pty Ltd and Paul Cubelic
Paul Cubelic and his company Cubelic Holdings Pty Ltd (Cubelic) were an integral part of the Fernhill Masterplan and project group that contributed to the redevelopment proposals of the Fernhill Estate during 2013-14.
The Fernhill Estate was over 640 hectares of Local and State Heritage listed land and buildings spread over some 14 titles. It was a highly complex asset, with opportunity to create a variety of residential subdivisions, but involving Heritage conservation matters, Council and local interests, Ecological and Biodiversity issues.
We introduced Biobanking to Angas which has proven very successful for Angas and the Fernhill Estate.
Between 2014 to 2017, Cubelic remained involved in the Fernhill Estate via a Biobanking Consultancy Agreement.
Angas Letter dated 30 June 2015 (extract)
" Paul was an important member of the project team, bringing not only his property contacts and development background, but financial investment into the project.
We would recommend Paul's services to anyone considering property acquisition and development, and wish him all the very best in his endeavours for his future projects."
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