This transaction
Acquisition of shares in Ausbuild Group and conversion into a subsidiaryThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Land development, construction and related businesses, Land development business
No revision will be made to the full-year earnings forecast for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | Acquisition of shares in Ausbuild Group and conversion into a subsidiary |
| Name of the Subject Company | Ausbuild Group Pty Ltd, Ausbuild Partners Pty Ltd |
| Business Description of the Subject Company | Land development, construction and related businesses, Land development business |
| Location of the Subject Company | Brisbane, Queensland, Australia |
| Capital Stock of the Subject Company | A$22.5 million, A$3.3 million |
| Date of Establishment of the Subject Company | 23 November 2015, 8 June 2017 |
| Number of shares acquired | 51% interest (the number of shares and voting rights are Not disclosed) |
| Voting rights ownership percentage | After 51% (before not disclosed) |
| Impact on Business Performance | No revision will be made to the full-year earnings forecast for the fiscal year ending March 2027. |
| Execution Date / Effective Date | 12 November 2026 |
| Management structure after acquisition | The overview of the target companies lists individuals as Directors who appear to be associated with the company and former parties involved, but the post-acquisition management structure is Not disclosed |
Items this document does not state (21)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This disclosure gives no reason for the transaction other than to announce completion of the share acquisition.