Amplefield

Amplefield: Intends to diversify into property investment, development, construction and building materials and has on 29 June 2012 entered into a conditional sale and purchase agreement with YTC Global to purchase a 49.99% interest in Msia property co Niche Land for $9.2m. Co will also propose a renounceable 3 rights for 1 existing shares issue of 2.1m shares at issue price for $0.01 for each rights share