SHAREHOLDERS in ETT Limited today approved the acquisition of FarmWorks Merchandise Services Pty Ltd, a specialist provider of rural services.
The completion of the acquisition is now subject only to finalisation of the remaining conditions precedent and it is intended that this will occur in the coming week.
ETT will be renamed as FarmWorks Australia Limited (FarmWorks) and has applied for requotation on the ASX in accordance with chapters one and two of the Listing Rules.
It is anticipated that trading of the Company’s shares on ASX will re-commence in the week commencing 1 March 2010.
David Connolly has been appointed chief executive officer of FarmWorks. David is the former Chief Operating Officer of ASX-listed Australian Agricultural Co.
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