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CXC Global trading strong

Announcement posted by CXC Global 01 Mar 2013

On December 1, 2012, the business that trades as CXC Global was purchased in a management buy-out by Global Contractor Management Solutions (”Global”). Since that date, Global has taken over the ownership and management of the CXC Global business.

As a consequence of this transaction, the previous owner of the CXC Global business has placed some of the legal company entities that comprised the CXC Global business prior to 30 November 2012 into voluntary administration.

To be very clear, none of the businesses that currently comprise the CXC Global business are impacted by the decision to place these now totally unrelated companies into voluntary administration.

CXC Global has been performing very strongly over the past several months, with current projections indicating ambitious forecasts for 2013 will be achieved.

Any questions related to this matter should be directed to Chris Thuell, Commercial Manager on 0414 650 804.