VMT 8.00% 11.5¢ vmoto limited

Ann: Annual Report to Shareholders, page-2

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  1. afd
    2,164 Posts.
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    Hi All

    So no significant changes as a result of the audit.

    I was wondering if anyone can help me with an item.

    The incorporation of the Thailand Subsidiary post December 31.

    https://hotcopper.com.au/data/attachments/6065/6065097-b4798d0a15522b82df1a89b5abe0a52c.jpg

    The Thailand subsidiary is mentioned in the director's report (page 13)

    https://hotcopper.com.au/data/attachments/6065/6065098-00b25797f238cbaf7b456877454c33aa.jpg

    I can't remember seeing that before. Can anyone refresh my memory if it has?

    A possible JV in Thailand has been mentioned several times including the announcement around the completion of the recent Cap raise.....


    https://hotcopper.com.au/data/attachments/6065/6065108-d2b6f50e805d96ccba190e405780af41.jpg


    So is the incorporation of the Thailand Subsidiary the step before the announcement of a Thai JV? Does that mean it will drop soon (ahead of the other possible JVs?

    I actually though the South American/Brazilian JV would be the first to drop with any number of suitors there (Mottu, Vammo, Riba, Watts, Italika...).

    Cheers


 
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