Consolidate merge, and/or otherwise transfer any or all of its facilities, property, process, and/or work with or to any other entity and/or change in any respect the legal status, management, and/or responsibility of such property, facilities, processes, and/or work.
Consolidate the scope of two sub-categories under the major category “strategic acquisition and investment” and reduce the portion of Net Proceeds for “strategic acquisition and investment” Since the Listing, the Company has actively pursued potential opportunities of acquisition, and investment in, property management companies and companies providing lifestyle services available in the market. Having involved in such course of action for over a year, the Company realized that the original split in the intended use of Net Proceeds may restricts the Company from being timely responsive to opportunities of acquisition of prime target companies engaged in either property management or providing lifestyle services available in the markets. For the purpose of better utilising Net Proceeds and capturing more favourable investment opportunities, the Company proposed to cancel the original two split sub- categories of “acquire and invest in other property management companies” and “acquire and invest in other companies providing lifestyle services” and to consolidate their scope into one major category “strategic acquisition and investment”. In addition, upon investigation and research, after the acquisition of Chengdu Mingyu Global Business Management Co., Ltd.* (成都明宇環球商業管理有限公司) as disclosed in the announcement of the Company dated 11 April 2022, the Company continues to actively capture the potential opportunities of acquisition, and investment in, property management companies and companies providing lifestyle services available in the market. As at the date of this announcement, the Company has not yet identified any suitable acquisition targets from domestic and overseas market that is in line with merge and acquisition strategy of the Company, resulting in a low efficiency of the capital use. Thus the Board has resolved to reallocate a portion of Net Proceeds from the category “strategic acquisition and investment” to increase the portion for “working capital” and fund the new category “development of lifestyle service”.
Consolidate. Cuesta Coal hopes to create one large coal project by combining its West Bowen Project with the adjacent Orion project. WHO WE ARE We have become one of Australia’s leading logistical suppliers and our dedicated team works to provide innovative solutions for our clients, ranging from ultra heavy haulage to ultra bulk haulage. With headquarters in central Queensland and alliances across Australia, we think and operate on a national scale. WHAT WE DO No matter what your logistical requirements, we can find the most efficient way to achieve the results you need.
Consolidate. We consolidate your requirements and give you a single point of contact that will manage the support incidents with you, and deal with all of the parties involved until it gets resolved.
