Original article by Matthew Cranston
The Australian Financial Review – Page: 40 : 13-Aug-15

Devine has announced a first-half net profit of $A900,000 after major shareholder CIMIC earlier rejected offers from potential buyers for the listed residential property developer. It has extended its debt facility with the ANZ Banking Group for another year. The company has started apartment and mixed-use projects in a joint venture with Japanese developer Daikyo, including the Mode development in Brisbane.

CORPORATES
DEVINE LIMITED – ASX DVN, CIMIC GROUP LIMITED – ASX CIM, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, DAIKYO INCORPORATED, HUNTER GREEN INSTITUTIONAL BROKING PTY LTD