Omnitech Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Omnitech Holdings Ltd to acquire ASF Kaili Resource Pty Ltd
ASF Group Ltd:Enters into a sale and purchase agreement with Omnitech Holdings Limited (OHL).Pursuant to which OHL agrees to acquire 100 pct equity interest in ASF Kaili Resource Pty Ltd (ASF Kaili) at a consideration of A$605,000.Says which will be satisfied by the issue and allotment by OHL of 11,000,000 fully paid ordinary shares at A$0.055 each to the shareholders of ASF Kaili.ASF Kaili currently holds 2 tenements (E04/1433 and E04/1436) in Western Australia and ASF is the ultimate holder of 20 pct equity in ASF Kaili.Accordingly, ASF will be entitled to 2.2 mln fully paid ordinary shares of OHL as a result of the disposal of its 20 pct interest in ASF Kaili.
Latest Developments for Omnitech Holdings Ltd
- Omnitech Holdings Ltd appoint new Director and Chairman
- Omnitech Holdings Ltd Announces Purchase Of Coal Tenements With Profit Achieve Holdings Limited
- Omnitech Holdings Ltd Appoints Yuanqing He As Chairman To Replace Samuel Arthur Sturgess; Appoints Dongmei Ye As Chief Financial Officer And Wing Onn Chong As Managing Director
- Omnitech Holdings Ltd Issues New Ordinary Shares
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