February 8th, 2012
Posted on 30. Jul, 2010 by PublicWire in General
(EBIG.OB) EastBridge Investment Group To Acquire Melborne, Australia’s AlloyTec
(PublicWire.com News Release) EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its Australian client, AREM Pacific Corp., has signed a definitive agreement to acquire AlloyTec, a yacht builder in Melborne, Australia. AlloyTec uses aluminum alloy as the base material to build marine boats. AREM plans to help AlloyTec establish a base in China to produce leisure yachts.
Norm Klein, EBIG’s COO/CFO, commented, “We plan to begin working soon in getting AREM listed on the OTCBB exchange. As we are finishing up on our current projects, preparations are being made for the 2011 and 2012 projects. Our pipeline model is working as planned.”
(EBIG.OB)EastBridge Investment Group To Acquire Melborne, Australia’s AlloyTec
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution.
Depending on the complexity and size of each project, EastBridge normally is compensated with anywhere from 10-25% stock ownership in the client company plus cash fees for the listing services provided.
EBIG.OB, EBIG.OTCBB, OTCBB:EBIG, EBIG
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(EBIG.OB)EastBridge Investment Group To Acquire Melborne, Australia’s AlloyTec
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