Talking about Government’s recent announcement on the Early Childhood Education and Care Relief Package (CRP) and Transition arrangements. TNK has grown its workforce by 5% with most of the team getting back to its services to meet the growing demand for childcare. CRP ends on 12 July 2020 while Transition payment of 25% of the average of last two weeks’ revenue in February paid from 13 July to 27 September 2020. Jobkeeper for childcare operators ends on 19 July 2020 (one-week crossover).
Alliance Aviation Services Limited (ASX: AQZ) recently updated multiple prospective expansion opportunities. On that front, the company is undertaking an equity capital raising to raise A$91.9 million through fully underwritten institutional placement and further A$30 million through a non-underwritten share purchase plan.
Beston Global Food Company Limited (ASX: BFC) announced an agreement with Aurora Diaries for the sale of Beston’s dairy farms in Mount Gambier to Aurora for $40.4 million in cash. The Transaction secures 100% of milk supply from dairy farms for 10 years, with an option of extension, and Sale proceeds will reduce debt (to around 10% gearing). The fund Mozzarella and Lactoferrin production expansion Transaction is likely to conclude by 30 September 2020.
#AQZ #BFC #BestonDairy #Australia #Kalkine
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.