FBR 4.26% 4.9¢ fbr ltd

Ann: FBR and Brickworks form joint venture, page-81

  1. 350 Posts.
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    FBR are not buying bricks from Brickworks.

    The entity, Fastbrick Australia, is going to tender for a residential construction contract within Australia. Within that contract to build X number of structures, Brickworks will supply the specially designed blocks and FBR will supply the labour (Hadrian X/s) for that contract. The profit from that contract is split 50/50.

    There is no buying from each party anywhere...
 
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