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Wellard memenuhi meningkatnya permintaan global akan protein melalui pasokan ternak berkualitas untuk konsumen di seluruh dunia. Bisnis utama kami adalah pasokan ternak ke Asia dan Timur Tengah, menyediakan hubungan penting antara produsen ternak berkualitas dan konsumen. Keempat kapal ternak yang membentuk armada pengiriman kami yang sangat terspesialisasi tersedia untuk disewa. Kapal canggih ini memberikan hasil kesejahteraan yang optimal bagi hewan di atas kapal dan produk berkualitas bagi pelanggan kami.

Remedy of Working Capital Facility Covenant Breach

Desember 1, 2016

ASX Announcement

Wellard Ltd (Wellard, ASX:WLD) wishes to provide the following update on its banking covenants.

Wellard announced in its 2016 Annual Report that it had breached undertakings in its working capital facility for which it obtained waivers and extensions to remedy the breaches prior to 30 November 2016 and 28 February 2017.

Wellard is pleased to announce that it has successfully remedied the 30 November 2016 breach by including a number of its overseas subsidiaries as obligors under the working capital facility.

Wellard continues to work productively with its bank towards remedying the remaining breach prior to 28 February 2017. Wellard is confident that this will be finalised prior to 28 February 2017.

For further information:

Investors
Managing Director, Mauro Balzarini
Phone: + 61 8 9432 2800

Media
FTI Consulting, Cameron Morse
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871

News Feed

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