NBS nationwide building society.

Ann: Response to ASX Query , page-8

  1. 298 Posts.
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    Sorry but how do you know this Chinese Contract is in "pilot" stage only?

    I know Nexbis has made this reference in their announcement; but in fact its hard to glean just what are the relevant contractual obligations of the parties.

    In this context the November 2008 announcement regarding the $200m income stream from the "Chinese Government" contract & subsequent events is a trifle hard to reconcile.

    Perhaps ASX/ASIC can explain to me why I shouldn't have this uneasy feeling this is all well below meeting the spirit of the relevant disclosure rules.
 
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