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Labour Party Screws AIA Share Holders Again (New Zealand)

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brettdale Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 06:16 PM
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Labour Party Screws AIA Share Holders Again (New Zealand)
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http://mediasportandotherrantings.blogspot.com/2008/03/labour-party-screws-aia-shareholders.html

Labour Party Screws AIA ShareHolders Again

After this Post, I will be turning this Blog into a more positive one, because we all need to be positive in life.

Today in New Zealand the Finance Minister Dr Michael Cullen, rushed thru new powers to bloke the sale of Auckland International Airport to the Canadian pension fund. The Labour Government passed the law that block the sale of any land or asset to overseas investment if the Government deems it to be strategically important or sensitive land.

In the first eight minutes of Trading today, shares in AIA were down 20%.
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