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BRIEF-Oncard International updates on acquisition

Published 23/11/2015, 09:52 am
© Reuters.  BRIEF-Oncard International updates on acquisition
TFL
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Nov 23 (Reuters) - Oncard International Ltd ONC.AX :

* The van diemens land company - update on acquisition ONC.AX

* Obtained interim injunction from supreme court of Victoria restraining TLC, VDL and others from taking any steps to terminate sale agreement

* Tasfoods Ltd, formerly Oncard International has received a notice from Tasmanian Land Company Ltd

* Also taking legal advice as to its other remedies and rights of redress against TLC and the new Plymouth district council

* Also aware of media releases last Friday by VDL and Taranaki Investment Management announcing that VDL assets have been sold to undisclosed foreign buyer

* Source text for Eikon ID:nASXnLhyB

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