hi mauro, Customers [CUS] in a partnership with FCP brencorp have formed a company called customers asia and they have purchased approx 30% of fintronics which is an asian company which is deploying atm machines into asian sites. if i read it correctley cusomers asia has the right to go to about 50% ownership of fintronics ater approx 12 months., and also has the right to buy out fcp brencorp. fintronics apparently had 300 atm`s deployed when the deal was mooted and now have forward orders for about 6000 atm machines from 20 asian banks. FCP Brencorp have a bloke on board called peter scanlon who earlier on was involved with patricks ltd.. the FCP part relates to first capital partners limited a hong kong and china based bank and investment company. i have read elsewhere that there is about a billion atm cards on issue in china/hong kong issued to the asian public for use in atm machines.
CUS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
