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BRIEF-Centrepoint Alliance Says Unit Has Reassessed Its "Legacy" Claim Provision

Published 29/06/2018, 09:57 am
© Reuters.  BRIEF-Centrepoint Alliance Says Unit Has Reassessed Its "Legacy" Claim Provision
CAF
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June 29 (Reuters) - Centrepoint Alliance Ltd CAF.AX :

* ADVISE THAT ITS UNIT , PROFESSIONAL INVESTMENT SERVICES PTY LTD (PIS), HAS REASSESSED ITS "LEGACY" CLAIM PROVISION

* CONSIDERS IT PRUDENT TO INCREASE PROVISION FOR LEGACY CLAIMS BY $2.0M

* ADJUSTMENT WILL BE REFLECTED IN CENTREPOINT'S FY18 GROUP RESULTS

* RESULTS OF STRATEGY REFRESH & ITS IMPACT FOR FUTURE ON CENTREPOINT WILL BE INCLUDED IN GROUP'S FY18 FINANCIAL RESULTS

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