Astika Holdings Prepares for Growth in Nantong Region (China)

Astika Holdings Inc. confirmed its decision to engage in international trade and transactions with Nantong since its economic growth and foreign investments have exceeded all other cities in China’s Yangtze Economic Zone.

Mark Richards, the director for Astika Holdings, said: “Astika’s ongoing strategy through opportunistic high growth sector acquisitions include Nantong Dredging Machinery CO. LTD. in the dredging and shipping sector, the Company’s agriculture ‘Green Future’ initiatives with Nantong’s Grain Seeder of High Accuracy and the Industrial Hemp sector along with Astika’s entrance into negotiations with Nantong Poultry Farming Co. Ltd. in the food service sector intend to benefit the future of Astika’s shareholders along with the Asian, New Zealand and World Markets. We believe to be on track for significant growth with the initial acquisitions from the Nantong Region to deliver revenue and earnings growth.”

The parties have agreed that the acquisition will not engage in any negotiations or discussions with other potential acquirers and have also agreed to maintain the confidentiality of all of the acquisitions in order to protect the acquisition’s competitive interests, and the interests of its many customers and employees, during the period of the acquisitions.

Related:

Nantong Dredging is Important Part of Astika’s Strategy, Official Says

Press Release, April 30, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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