Blackwell Global Holdings Limited has provided its annual report for the year ended 31 March 2023, which details the winding down of the Group's finance company operations and the extension of a bond from Blackwell Global Group Limited with a maturity date of 31 December 2023.
The Company also capitalised $450,000 of bonds into 100,000,000 new ordinary shares, providing it with additional working capital.
The Board is actively looking to identify a suitable business opportunity to invest in and/or acquire through a reverse takeover transaction.
Discussions have been had with several potential acquisition targets, but none have developed into a tangible transaction to date.
See more
