Establishes wholly owned subsidiary - EQF Asia Pty Ltd
Proposed acquisition of a 35% stake in Hong Kong based advisory group
Equities and Freeholds Limited (“EQF”, the “Company”) is pleased to advise shareholders of the establishment of EQF Asia Pty Ltd (“EQF Asia”), a wholly owned subsidiary established to pursue EQF's interests in the Asian region.
On the 24/12/2010, an overwhelming majority of the shareholders of EQF voted in favour of the acquisition of Incito Group Limited, Chesterfields Financial Services and Cochrane Shaw Capital Management.
Chairman's Address and Investor Update Presentation
Business Acquisitions and Subsidiary Consolidation.
Opportunity knocks for EQF under new management ahead of changes to financial planner rules in the ever growing superannuation industry.