DGAP-News: Astra Resources Plc: Astra appoints Octa Phillip Securities Limited Global Markets service
(firmenpresse) - DGAP-News: Astra Resources Plc / Key word(s): Strategic Company
Decision/Miscellaneous
Astra Resources Plc: Astra appoints Octa Phillip Securities Limited
Global Markets service
16.03.2012 / 10:00
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Astra appoints Octa Phillip Securities Limited Global Markets service
Adelaide, Australia - 16 March 2012: International diversified resources
company, Astra Resources Plc (FWB Code: 9AR), has appointed diversified
investment and financial services group Octa Phillip Securities, one of
Australia's largest independent broking firms, to provide access to their
electronic trading platform and services to Astra shareholders.
Octa Phillip provides wealth management, institutional and private client
stockbroking, corporate finance, research and funds management services.
Octa Phillip has direct channels into Asia. The major shareholder, Phillip
Capital Group, has extensive proprietary trading platforms, over 5000
employees and strong bases in Singapore, Hong Kong and throughout Asia.
Octa Phillip's offices are in Melbourne, Sydney, Perth, Adelaide and the
Gold Coast. It was formed by the Intersuisse Ltd acquisition of the
Austock Securities business in early 2012.
Nicholas Pereza-Mathews, Head of Global Markets at Octa Phillip Securities
said their global markets service provides general advice, custody and
dealing for Australian companies that have listed on overseas exchanges and
want to provide their Australian shareholders a full stockbroking service
with the convenience of dealing with a local AFSL licensed stockbroker.
Astra CEO Dr Jaydeep Biswas said this is an important move from a corporate
perspective for Astra.
'The service from Octa Phillip provides current and prospective
shareholders with a more efficient way of trading in Astra shares,' Dr
Biswas said.
Astra Managing Director Silvana De Cianni said the choice is with each
shareholder should they wish to use the global markets service provided by
Octa Phillip Securities.
Astra Resources' global portfolio includes gold interests in Southeast
Asia, coal mine in Africa, iron ore in India, Norway and the Philippines,
carbon efficient businesses, the production of the high-strength T-Steel
technology in Hungary, clean coal technology and the provision of mining
services housing in Rockhampton, Queensland.
ENDS
For all media enquiries contact:
Bruce Nelson +61 (0) 423 403 449 (bruce(at)zakazuhka.com)
Caitlin Petrou +61 (0) 402 823 343 (Caitlin(at)astraresources.com.au)
Disclaimer in regards to Forward-looking Statements
Certain statements included herein, including those that express
management's expectations or estimates of our future performance constitute
'forward-looking statements' within the meaning of applicable securities
laws. Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by management
at this time, are inherently subject to significant business, economic and
competitive uncertainties and contingencies. Investors are cautioned not to
put undue reliance on forward looking statements. Except as required by
law, Astra Resources PLC does not intend, and undertakes no obligation, to
update any forward-looking statements to reflect, in particular, new
information or future events.
End of Corporate News
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160921 16.03.2012
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Datum: 16.03.2012 - 10:00 Uhr
Sprache: Deutsch
News-ID 125498
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