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FATFISH GROUP LIMITED — Capital/Financing Update 2007
Nov 21, 2007
64911_rns_2007-11-21_38a8bd37-30a5-4280-9234-cc72dd995d7c.pdf
Capital/Financing Update
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ATECH HOLDINGS LIMITED
$(ACN 004 080 460)$ 14th Floor 607 Bourke Street Melbourne, Victoria, 3000 Australia Telephone: (03) 9614 4444 Fax: (03) 9629 5716
22 November 2007
The Company Announcement Office Australian Stock Exchange
Update as to the acquisition of a retirement village business
Since our last update to you in November 2006, the Board of Directors has continued to be involved in extensive discussions and negotiations with the vendor.
These negotiations are to bring the acquisition to the most advantageous conclusion for the company. The Board of Directors has been advised by the most appropriate legal (Blake Dawson) and corporate advisers (Hindal) in order to progress the process in an effective and timely manner.
Unfortunately the company has not yet been able to complete the acquisition. Further advices on the acquisition are expected shortly.
About Atech
Atech Holdings Limited (ASX Code: ATH) is a holding public company based in Melbourne. Its principal activity has been the investment of its cash reserves.
Recently, it entered into an agreement to acquire a retirement living business here in Victoria and interstate. It intends to enter into the retirement living and aged care industry both in Australia and in the Asia Pacific region.
For further information contact:
Stephen Adrian The Company Secretary Atech Holdings Limited Telephone: +61 3 614 4444 Email: [email protected]
By Order of the Board of Directors
Shen Adrian Company Secretary