HVT Land Trust - PROFILE AND LATEST NEWS
HVT Land Trust - PROFILE
Cremorne Capital Ltd established the HVT Land Trust (Trust) to acquire the land on which the plantations in the Great Southern High Value Timber 2007 Project and the Great Southern High Value Timber 2008 Project (GSHVT Projects) were situated. The land was purchased from the liquidator of Great Southern HVT Holdings Pty Ltd.
Cremorne Capital obtained unitholder approval to merge the assets of the Trust with those of the GSHVT Projects, so that the Scheme had combined ownership and management of all land and trees on the subject land – with that land limited to the Northern Territory land on which the Mahogany trees are located - to realise the following benefits:
The Scheme owning and managing the subject land and all trees situated thereon. As the Scheme owns the land Cremorne Capital may, subject to available funds, explore in the future alternate uses for parts of the land not suitable for plantations for the benefit of members. Such uses may include production of hay and ownership of cattle;
Consolidation of current administrative and other costs, currently being incurred across 3 managed investment schemes (the GSHVT Projects, together with the Trust), to a single managed investment scheme;
Consolidating the Fund's assets to focus on management of African Mahogany plantations in the Northern Territory, which plantations are easier to manage as they are located on one property;
The benefit of potential income and capital returns, thinning of the Trees, harvesting of the Trees and sale of the Trust's properties following harvest as well as income from hay and cattle..
Following unitholder approval the GSHVT Projects have been deregistered.
Forfeiture of units
Under the HVT Land Scheme Constitution, where members do not pay annual contributions and are given appropriate notice of failure to pay, their units are liable to be forfeited.
HVT Land Trust - LATEST NEWS
Cremorne Capital Ltd HVT Land Trust Financial Report for the year mid year ended 31 December 2024
Cremorne Capital Ltd HVT Land Trust Financial Report for the year ended 30 June 2024
African Mahogany Australia - Half Yearly Management Report for Cremorne Capital ATF HVT Land Trust January - June 2024
Cremorne Capital Ltd HVT Land Trust Financial Report December 2023
Cremorne Capital Ltd HVT Land Trust Financial Statements for the year ended 30 June 2023
African Mahogany Australia - Half Yearly Management Report for Cremorne Capital ATF HVT Land Trust January - June 2023
African Mahogany Australia - Half Yearly Management Report for Cremorne Capital ATF HVT Land Trust July - December 2022
Cremorne Capital Ltd - HVT Land Trust Interim Financial report FHYE 31 December 2022
Cremorne Capital Ltd - HVT Land Trust Financial Statements FYE June 2022
Cremorne Capital Ltd HVT Land Trust Financial Statements 2021
Cremorne Capital Ltd - HVT Land Trust Financial Statement for the year ended 30 June 2021
African Mahogany Australia - Half Yearly Management Report for Cremorne Capital ATF HVT Land Trust January - June 2021
Cremorne Capital Ltd HVT Land Trust Interim Financial Report for the Half Year Ended 31 December 2020
Cremorne Capital Ltd HVT Land Trust Financial Statements 2020
QUARTERLY MANAGEMENT REPORT June 2020 for Cremorne Capital Ltd ATF HVT Land Trust
Cremorne Capital Ltd HVT Land Trust Interim Financial Report for the Half Year Ended 31 December 2019
QUARTERLY MANAGEMENT REPORT December 2019 for Cremorne Capital Ltd ATF HVT Land Trust
QUARTERLY MANAGEMENT REPORT October 2019 for Cremorne Capital Ltd ATF HVT Land Trust
Cremorne Capital Ltd HVT Land Trust Financial Statements 2018
QUARTERLY MANAGEMENT REPORT for Cremorne Capital Ltd ATF HVT Land Trust
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