| | CB Australia Limited has changed its name from Admerex Limited effective 1 November 2010.Currently CB Australia Ltd’s shares (ASX:ADL) are suspended from quotation following shareholders approval of the Company’s acquisition of the Coldwell Banker Master Residential Franchise Licence Agreement for Australia and the resultant change of activities. The relisting of shares under our new name CB Australia Limited, under a new security code to be determined by the ASX, is anticipated for mid to late December 2010, once the company has met the ASX’s requirements for compliance with the ASX listing rules. |
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| | Shareholder approval granted for CB Australia Limited to Acquire Licence from Coldwell Banker
CB Australia Limited to acquire Master Residential Franchise Licence for Australia from Coldwell Banker, one of the world's largest real estate franchisors. CB Australia Limited has executed an agreement to facilitate an assignment of the Master Residential Franchise Licence from Realogy Corporation for the Coldwell Banker ® System and trade marks for Australia. The agreement is binding on the parties, subject to due diligence. |
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