Dexus Can Appeal Court Ruling in APAC Case by June 22

MT Newswires Live

Jun 09

Dexus (ASX:DXS) shareholders can appeal to the New South Wales Court of Appeal before June 22, following its loss in a court bid to block the sale of its stake in Melbourne Airport last month, according to a Friday filing with the Australian bourse.

The New South Wales Supreme Court ruled that the real estate investment firm had breached confidentiality agreements with Australia Pacific Airports, which owns Melbourne's Tullamarine airport and the Launceston airport in Tasmania. Dexus holds roughly a 27.3% stake in Australia Pacific Airports.

Dexus has agreed to cover the legal costs of the Dexus Bloc shareholders in relation to the appeal.

The company has also launched a strategic review of its infrastructure funds that came in from its 2023 acquisition of AMP Capital's real estate and infrastructure platform.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2642643722"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2642643722\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2642643722?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-09 07:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642643722","market":"us","top_or_hot":-1,"title":"Dexus Can Appeal Court Ruling in APAC Case by June 22","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/DXS.AU\">Dexus</a> (ASX:DXS) shareholders can appeal to the New South Wales Court of Appeal before June 22, following its loss in a court bid to block the sale of its stake in Melbourne Airport last month, according to a Friday filing with the Australian bourse.</p><p>The New South Wales Supreme Court ruled that the real estate investment firm had breached confidentiality agreements with Australia Pacific Airports, which owns Melbourne's Tullamarine airport and the Launceston airport in Tasmania. Dexus holds roughly a 27.3% stake in Australia Pacific Airports.</p><p>Dexus has agreed to cover the legal costs of the Dexus Bloc shareholders in relation to the appeal.</p><p>The company has also launched a strategic review of its infrastructure funds that came in from its 2023 acquisition of AMP Capital's real estate and infrastructure platform.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dexus Can Appeal Court Ruling in APAC Case by June 22</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDexus Can Appeal Court Ruling in APAC Case by June 22\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-09 07:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/DXS.AU\">Dexus</a> (ASX:DXS) shareholders can appeal to the New South Wales Court of Appeal before June 22, following its loss in a court bid to block the sale of its stake in Melbourne Airport last month, according to a Friday filing with the Australian bourse.</p><p>The New South Wales Supreme Court ruled that the real estate investment firm had breached confidentiality agreements with Australia Pacific Airports, which owns Melbourne's Tullamarine airport and the Launceston airport in Tasmania. Dexus holds roughly a 27.3% stake in Australia Pacific Airports.</p><p>Dexus has agreed to cover the legal costs of the Dexus Bloc shareholders in relation to the appeal.</p><p>The company has also launched a strategic review of its infrastructure funds that came in from its 2023 acquisition of AMP Capital's real estate and infrastructure platform.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7510","symbol_name":"REITs概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2642643722","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642643722","pubTimestamp":1780961078,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Dexus  shareholders can appeal to the New South Wales Court of Appeal before June 22, following its loss in a court bid to block the sale of its stake in Melbourne Airport last month, according to a Friday filing with the Australian bourse.The New South Wales Supreme Court ruled that the real estate investment firm had breached confidentiality agreements with Australia Pacific Airports, which owns Melbourne's Tullamarine airport and the Launceston airport in Tasmania. Dexus holds roughly a 27.3% stake in Australia Pacific Airports.Dexus has agreed to cover the legal costs of the Dexus Bloc shareholders in relation to the appeal.The company has also launched a strategic review of its infrastructure funds that came in from its 2023 acquisition of AMP Capital's real estate and infrastructure platform.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7510":"REITs概念","BK7154":"办公室房地产信托","BK7122":"办公房地产投资信托","APAC":"Stonebridge Acquisition Corp","DXS.AU":"Dexus"},"translate_title":"Dexus可以在6月22日之前对APAC案件的法院裁决提出上诉","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DXS.AU":1.5,"APAC":1.5},"content_text":"Dexus (ASX:DXS) shareholders can appeal to the New South Wales Court of Appeal before June 22, following its loss in a court bid to block the sale of its stake in Melbourne Airport last month, according to a Friday filing with the Australian bourse.The New South Wales Supreme Court ruled that the real estate investment firm had breached confidentiality agreements with Australia Pacific Airports, which owns Melbourne's Tullamarine airport and the Launceston airport in Tasmania. Dexus holds roughly a 27.3% stake in Australia Pacific Airports.Dexus has agreed to cover the legal costs of the Dexus Bloc shareholders in relation to the appeal.The company has also launched a strategic review of its infrastructure funds that came in from its 2023 acquisition of AMP Capital's real estate and infrastructure platform.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}