FKP Property still mulling demerger: report

Property group still considering demerger, name change despite earlier denials.

FKP Property Group Ltd says it will keep exploring options for a demerger of its retirement business and consider changing its name, The Australian reports.

According to the newspaper, chief executive officer Geoff Grady had previously told a staff meeting that plans to demerge its retirement business had been scrapped.

He then backtracked after video of the meeting was posted online. 

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