CHP 0.00% 0.5¢ chapmans limited

Chapmans - Slate Roofing System

  1. 1,430 Posts.
    27/06/2002 16:37:47
    Possible Investment - Roofing Systems


    HOMEX - Sydney

    This is to advise that Chapmans Limited has entered into a
    conditional agreement in respect of a possible investment in two
    private companies which hold the rights to special roofing systems
    which use both conventional slate and ceramic slate tiles.

    Chapmans will conduct a due diligence study and if a decision is made
    to provide venture capital for the development and expansion of the
    operations, the initial amount of the investment will be in the
    region of $500,000 to acquire a 25% shareholding.

    P Hetherton

    This looks an intersesting deal, These slate roofs are going onto multi-million dollar homes and unit developments around Australia, will be franchised in U.K and USA

    Looks interesting

    at these levels the company has 30,000,000 million shares on issue @ .034 = $1,020,000 market cap only. An interesting and tight little shell worth watching developments


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