ANS austsino resources group limited

News: ANS ASX Says Austsino Resources Will Be Removed From Official List Of ASX On 7 Dec, page-98

  1. 1,628 Posts.
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    ""Im trying to get my head around the below relationship. MWI is wholly owned by ANS, then what is ACR's involvement here? Wouldn't ANS be the 'parent' in this relationship? Sorry if I have misread this.

    • ACR is the parent of the wholly owned subsidiary, Mid West Infrastructure Group Pty Ltd (MWI)
    • MWI is a wholly owned subsidiary of ANS and holds all intellectual property in relation to the potential development ofeconomic infrastructure in relation to Oakajee.""
    "MWI is wholly owned by ANS,"
    The above isn't true --must have been a typo -
    --

    you only can have one wholly owned and that is below
    ACR is the parent of the wholly owned subsidiary, Mid West Infrastructure Group Pty Ltd (MWI)

    ANS does not own MWI, MWI is wholly owned as stated by "ACR" and both MWI and ACR Have Ding as Chairman/Director

    Really - DYOR



 
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