Astika Holdings Set to Complete Nantong Dredging Acquisition

Astika Holdings updates its shareholders on the progression of the previously announced Nantong Dredging acquisition.

Astika Holdings, Inc., is near completion in finalizing the terms of the acquisition and estimates the final terms of the acquisition to be announced to the shareholders by the end of this month.

Mark Richards, the director for Astika Holdings said: “We believe to be on track with Astika in agriculture as well by focusing on Nantong’s companies that lower associated costs, increase the yield and benefit Asia, New Zealand and the world markets. We are excited about the potential growth of this initial acquisition for Astika Holdings since China is the largest dredging market in the world with more than 29% of the $15bn total global dredging world market and look forward to accelerating our future acquisition plans.”

The Company has begun the process of integrating management and moving its headquarters to Grey Lynn, Auckland, New Zealand.

Related:

Astika Holdings to Begin Negotiations with Nantong Dredging

Press Release, March 13, 2014

Share this article

Follow Dredging Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CEDA Dredging Days 2019

The conference is well-attended by professionals representing the entire cross-section of the dredging field…

read more >

2019 Western Dredging Association Gulf Coast Chapter Annual Meeting

The meeting will provide a forum for the exchange of information of interest to the dredging industry and its associates.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply