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AFT - AFT News Story

A$0.001 0.0  0.0%

Last Trade - 07/09/18

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £17.3k
Position in Universe th / 1836

BRIEF-AFT Corp, Petbacker Mutually Agree To Rescind Term Sheet Announced On Feb 22

Thu 13th December, 2018 10:12am
Dec 13 (Reuters) - AFT Corporation Ltd  AFT.AX :
    * PETBACKER PTE LTD AND AFT HAVE MUTUALLY AGREED TO RESCIND
TERM
SHEET THAT WAS ANNOUNCED ON 22 FEBRUARY 2018
    * AFT CORPORATION -  CO WILL NOT PURSUE RAISING AUD$2
MILLION IN
FUNDING IN RETURN FOR A 50% STAKE IN AUSTRALIAN PROPRIETARY CO
AS PREVIOUSLY ANNOUNCED
    * AFT CORP - CO REMAINS COMMITTED TO ORIGINAL MOU FROM NOV 7
2017
WITH PETBACKER TO DEVELOP SOLAR POWERED PRODUCTS IN PET SPACE IN
RETURN FOR LICENSING FEES

Source text for Eikon:  ID:nASXbcGJ7C 
Further company coverage:  AFT.AX 

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