Snippets Corner: 07 January 2010 – RFG, VMG
January 6, 2010
Retail Food Group Limited (RFG) said it has reached agreements by which the Brumby’s Bakeries master franchise territories for Western Australia and the Northern Territory would be reacquired. The company announced on 27 November 2009 it had reached agreement to acquire the North Queensland and New Zealand master franchise territories. Retail Food Group said there are currently 50 outlets within the Brumby’s WA territory and a further 8 outlets in the Northern Territory. The company said the agreement announced today remains the subject to normal contractual terms and finalisation of due diligence enquiries and that the acquisitions are scheduled to be complete prior to 20 February 2010.
VDM Group Limited (VMG) said its wholly owned subsidiary, Wylie & Skene Pty Ltd, has been awarded a $14.1 million contract by BHP Billiton Nickel West Pty Ltd for work at the Talc Redesign Project at Mt Keith. The company said its order book now stands at over $415 million. VDM said the contract involves extensive earthworks and concrete work, and is scheduled to commence in April this year for completion in late 2010.
VDM Group Limited (VMG) said its wholly owned subsidiary, Wylie & Skene Pty Ltd, has been awarded a $14.1 million contract by BHP Billiton Nickel West Pty Ltd for work at the Talc Redesign Project at Mt Keith. The company said its order book now stands at over $415 million. VDM said the contract involves extensive earthworks and concrete work, and is scheduled to commence in April this year for completion in late 2010.
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