BRIEF-Aumake Intends For All Future Business Activities To Be Undertaken In 100% Owned Units

Reuters

Feb 25

Feb 25 (Reuters) - Aumake Ltd AUK.AX:

INTENTION THAT ALL FUTURE BUSINESS ACTIVITIES WILL BE UNDERTAKEN IN 100% OWNED SUBSIDIARIES
EXIT FROM JOINT VENTURES, AND LOW PROFIT, HIGH-COST BUSINESSES
INTENDS TO DIVEST OR WIND UP TWO JV COMPANIES, 168 EXPRESS PTY AND NEWERA PTY

Further company coverage: AUK.AX

((Reuters.Briefs@thomsonreuters.com;))

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