Kings Agricultural Co offers the opportunity of participating in the cattle industry, one of Australia’s oldest and most important industries, whilst minimising many of the risks normally associated with primary production. The Company has lodged an Offer Information Statement with the ASIC.
Financial Highlights
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Company seeking to raise up to $2.5 million
- Preference Shares due to be redeemed by the Company in full on 30 November 2005
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One free Option to acquire Shares in the Company issued for each Preference Share
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Minimum investment only $2,000
Company Highlights
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Demand for Australian beef continues to grow, particularly from new export markets
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The ever changing Australian market provides significant opportunities within the cattle industry, which the Company aims to take advantage of
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Directors, consultants and the management companies to be engaged by the Company have a track record of success in the industry and manager remuneration will be based on performance
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Directors control a majority of the Company’s share capital, meaning that they have a significant vested interest in the success of the Company
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The impact of the current drought conditions on Kings Agricultural should be limited due to the Company’s strategy of not owning or operating it’s own properties
- Apart from the costs of raising capital under this Offer Information Statement, the funds raised can be used for purchasing cattle to establish a significant herd as there are no requirements for the Company to purchase property or equipment
Applications for investment can only be made through the Offer Information Statement lodged with the ASIC on 30th June 2003. To download a copy, click here