The second to last paragraph says it all...
In summary it broadly translates to "...we have listed in your country on your free market ASX platform with some legitimate aussie blokes to raise non-yielding, non-backed funds from you so we can buy your producers and processors cheap so we can (a) make dairy product and send home cheaper than you can and (b) take your knowledge, your intellectual property, our breeding skills, your genetics and replicate back home in Mongolia so we won't need you or your money in the future"
[EXTRACT]
- Australian investments and/or acquisitions
In Australia, the Group's inorganic growth initiatives will be focused on two fronts; exploring the acquisition of dairy processors of high quality products while also searching for dairy farming operations which will allow the Group to improve its farming processes and technologies.
Australia has a strong reputation in global markets as having an advanced dairy industry that produces high quality and safe dairy products. The Chinese milk scandal of 2008, where milk products were adulterated with melamine, put significant pressure on the Chinese dairy industry and caused consumers in the country to put more trust in products from advanced dairy producing nations like Australia than they do on local products. This provides a good opportunity for the Group to explore acquisitions of, or investments in, dairy product producers in Australia to sell their products into the Chinese market.
As an advanced dairy producing nation, Australia's technological processes in cow breeding and milk production are of a higher standard than those typically found in China. As such, the Group will also explore acquisitions of Australian dairy businesses that possess the processes and technologies that can be applied to the Group's operations in China to improve the efficiency and quality of milk production.
The Company has been exploring the Australian market since its listing on the ASX to find suitable candidates in line with its inorganic growth plan in Australia.
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Source:
http://www.abnnewswire.net/press/en/84998/
