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Postie Plus Group Ltd proposes sale of SchoolTex Business


Wednesday, 4 Dec 2013 05:06pm EST 

Postie Plus Group Ltd:Says that it has agreed to a non-binding offer to sell its school uniform operation SchoolTex for NZ$9 mln.Says the proposed buyer is a Zealand company that wishes to keep its identity confidential until the agreement becomes unconditional.Says details of the transaction and the necessary shareholder resolutions are set out in the PPGL notice of meeting and explanatory memorandum, sent to shareholders on Dec. 5. 

Company Quote

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26 May 2014