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17-06-08 Inglewood BSX Listed
Inglewood BSX listed
We are delighted to report Inglewood & Districts Community Enterprises Limited listed with BSX on Wednesday, June 11.
Inglewood & Districts Community Enterprises Ltd purchased the Inglewood Branch of the Bendigo Bank (now Bendigo and Adelaide Bank) in June 2007.
More than 300 people raised in excess of $500,000 to buy the branch. The bank has been profitable for some months and has made contributions to many community organizations.
“This is a great opportunity for us” Inglewood director George Wyatt said. “Our shareholders will have the benefit of trading on a transparent market where our corporate governance will be measured against all other listed companies.”
A nominated advisor is appointed to enable listing on the NSX and to assist the issuer with the admission procedure and compliance with ongoing obligations under the NSX Rules.
Mason Sier Turnbull has grown from a small firm to a dynamic commercial and private client law practice. Their clients include international corporations, local individuals and national businesses. The firm’s partners each head a legal team in a specific discipline of legal practice. The Law Institute of Victoria has accredited a high proportion of Mason Sier Turnbull’s lawyers as specialists in their personal field of practice including business law, wills and estates, commercial litigation, family law, workplace relations and property law. For further information contact: divide.cavalleri@mst.com.au.
Lellco Investments Pty Ltd is a corporate advisory firm catering only to small to medium enterprises, with a particular focus on Venture Expertise Investments. For information contact: Darren.lelliott@lellco.com.au.
NSX Limited is unique in Australian Financial Markets. Holding two Australian market licenses, it operates both the National Stock Exchange of Australia and Bendigo Stock Exchange. An independent market operator, NSX has more than 10 years experience in the operation of efficient, regulated trading platforms. NSX now has more than 110 securities representing more than $1 billion in market capitalization across its two exchanges. For more information please call Sean Rothsey, National Institute for Socio-Economic & Environmental Research (NISER) on 5442 5050, info@niser.org.au or www.niser.org.au.
“Our shareholders will have the benefit of trading on a transparent market…”
