FBR 2.44% 8.4¢ fbr ltd

New fbr video -new details shown-, page-131

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    It is a 50/50 joint venture made up of the new entity.

    FBR will still own the rights to Hadrian etc.

    Brickworks will own the right to distribution of the bricks etc.

    Any profit made by the partnership will be equally shared.

    I am sure they finer details of the JV will be announced to the market when the time is right.

    Meanwhile, let us all be happy that we finally have a partnership/joint venture.

 
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