Exhibit
10.11
Contract
of Sale of Business
AGREEMENT
FOR SALE AND PURCHASE OF SECURITIES (“SECURITIES SALE AGREEMENT”)
WARNING
THIS
IS A BINDING CONTRACT
YOU
SHOULD OBTAIN THE ADVICE OF A SOLICITOR BEFORE YOU SIGN
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Dated:
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Friday,
Jan 19, 2018
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Business
name and description
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GLOBAL
INSTITUTE OF VOCATIONAL EDUCATION PTY. LTD.
ABN
43 611 184 206
RTO
ID: 45175 (Registered with ASQA)
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Vendor
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Azmat Ali
Chief Executive Officer
GLOBAL INSTITUTE OF VOCATIONAL EDUCATION PTY. LTD.
0430 320 046
aliazmat.au@gmail.com
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Vendor’s address
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22 Cuthbert Av
Truganina VIC 3029
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Purchaser(s) Address and Details
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Purchaser
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Ali Kasa
Chief Executive Officer
Anvia (Australia) Pty Ltd f.k.a Kasa Corporation (Australia)
Pty Ltd
0439307455
ali.kasa@anviaholdings.com
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Purchaser’s address
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366 Nursery Road, Holland Park, 4121, QLD
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Covenantors’ Details
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Not Applicable
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Purchase Price
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$81,900 [Purchase Price Schedule 1]
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Deposit
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$4095 Paid on 12 October 2017
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Balance of Purchase Price
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● $26,500 payable
before on 19 January 2018
● $15,305 payable
before or on 31 March 2018
● $36,000 payable
before or on 15 June 2018
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Purchase Price apportionment
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[ List of all Assets Schedule 3]
(Assets, Goodwill etc.)
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Stock Valuer
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Not Applicable
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Stake Holder
(Agent)
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Not Applicable
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Assistance
Period
(insert number of days before and after Completion)
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Until
the extension of scope is completed.
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Restraint
Area
(insert the area where the Vendor and Covenantors must not compete etc., with the Business during the Restraint Period)
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Not
applicable
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Restraint
Period
(insert the period during which the Vendor and Covenantors must not compete etc. with the Business within the Restraint Area)
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Not applicable
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Conditions
(for example, subject to finance)
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Completion
Date
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19th
January, 2018
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Location
for Completion
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Melbourne
VICTORIA
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Employees
(insert names of employees who must be offered employment by the Purchaser)
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Not
Applicable
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Premises
(insert address)
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No
Leasehold or premises are included
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Premises
Lease
(insert particulars of lessor, registration number, expiry and options remaining etc.)
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Not
Applicable
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Motor
Vehicles
(insert particulars of registration, make, model
and any Encumbrances being transferred to the Purchaser etc.)
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Not
Applicable
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Leased
Equipment
(insert particulars of lessor, make, model, remainder owing and duration of lease etc.)
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Not
Applicable
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Hired
Equipment
(insert particulars of hirer, make and model, periodic payments and term etc.)
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Not
Applicable
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Intellectual
Property Rights
(insert description and details of
any licences, including term and ongoing
fees etc.)
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● ASQA Registration – RTO ID 45175
● Compliance
Forms
● ASIC
Company Documents
● Policies
and Procedures
● Student
Handbook
● Trainer
Handbook
● Staff
Register and Trainer Files
● Complaints
and appeals documents
● Continuous
Improvement register
● Enrollment
forms
● Training
and Assessment Strategies
● Assessment
Tools Student Assessment and Trainer Guides
● Validation
Register, Schedule and completed Validation
● ASQA
– Communications and Resources
● Invoices
● Marketing
● Business
Plan
● Statement
of Attainment and Qualifications
● Industry
Consultation
● Training
Package Details
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Business
Contracts and Arrangements
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No
Business Contract will be transferred with the License
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Excluded
Assets
(insert particulars of assets not being transferred with Business)
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[
List of all Assets Schedule 3]
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Executed
as an agreement
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SIGNED
by (or on behalf of) the Vendor
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Name: Azmat Ali
Title: Director / CEO
Date: Thursday, 19 January 2018
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SIGNED
by (or on behalf of) the Purchaser(s)
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Name: Ali Kasa
Title: CEO
Date: Thursday, 19 January 2018
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1.
Cooling Off
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1.1
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Subject
to clause 1.2, the Purchaser may terminate this contract by giving written notice to
the Vendor (or the Vendor’s agent) within 3 Business Days after the day the Purchaser
signs the contract.
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1.2
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The
Purchaser is entitled to give notice under clause 1.1 where the Purchaser previously
signed a similar contract for the purchase of the Business.
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1.3
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If
the Purchaser terminates this contract under clause 1.1, any payment the Purchaser made
to the Vendor or Stakeholder must be refunded. 10% Administration charges will incur
for completion of contract, advertising and re selling fees. These charges will be deducted
from the deposit and balance will be paid within 7 days to terminating this contract
within cooling off period. This will not apply after the cooling off period.
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2. Sale
and Purchase [List of all Assets Schedule 3] [Purchase Price Schedule 1]
If
all Conditions are satisfied, at Completion:
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2.1
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the
Vendor (as legal and beneficial owner) sells; and
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2.2
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the
Purchaser buys, free from all Encumbrances (other than those Encumbrances listed in the
Particulars), the
Business and the Assets.
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3.1
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The
rights and obligations of the parties in this contract have no force or effect until
all Conditions are satisfied.
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3.2.1
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immediately
notify the other party of the satisfaction of its Conditions; and
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3.2.2
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provide
evidence to establish, to the reasonable satisfaction of the other party, that its Conditions
have been satisfied.
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3.3
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If
the Conditions are not satisfied or waived by the Purchaser on or before:
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3.3.1
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5.00
p.m., two Business Days prior to the Completion Date; or
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3.3.2
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such
other date and time agreed in writing by the parties,
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this
contract terminates immediately, except with regard to:
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3.3.4
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the
Confidential Information.
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4.
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Purchase
Price [Purchase Price Schedule 1]
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4.1
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The
Purchaser must pay:
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4.1.1
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On
the date specified in the Particulars—the Deposit to the Stakeholder; and
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4.1.2
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On
Completion—the balance of the Purchase Price as directed by the Vendor.
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4.2
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Within
two Business Days of receipt, the Stakeholder must invest the Deposit in non-interest
bearing account with its Bank.
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4.3
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The
Vendor must direct the Stakeholder to cause the Deposit to be:
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4.3.1
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Released
to the Vendor upon Completion; or
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4.3.2
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released
and forfeited to the Vendor if this contract is lawfully terminated due to the breach
of the Purchaser, without prejudice to any other right that the Vendor may have arising
from the breach; or
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4.3.3
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released
to the seller if the contract is lawfully terminated other than as a result of a default
on the part of the Purchaser.
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4.4
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Unless
otherwise agreed by the Vendor, the Purchaser must pay the Purchase Price by bank cheque.
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4.5
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The
Purchase Price must be apportioned between the Assets on the basis set out in the Particulars.
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5.
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Title
and Risk [ List of all Assets Schedule 3]
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5.1
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The
Purchaser is only entitled to the income and profits of the Business accrued after Completion
when full payment for the purchase of securities has been paid.
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5.2
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Possession
of the Assets sold under this contract and risk related to the Assets must be given and
taken at Completion.
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5.3
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After
signing the contract, the purchaser must maintain current insurance policies in respect
of the Assets covering such risks and for such amounts as would be maintained in accordance
with prudent business practice and it would be responsibility of the purchaser to bear
all expenses relating to the business such as registration cost, insurance premiums and
software access charges
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5.4
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If
any of the Assets are damaged, destroyed or otherwise affected before Completion to a
degree which, in the reasonable opinion of the Purchaser, materially and adversely affects
the conduct or profitability of the Business, the Purchaser may ask for a refund of the
money from which 30% administration charges will be deducted by the purchaser.
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5.5
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If
the Purchaser does not elect to terminate this contract and the Vendor is not adequately
insured under the contracts of insurance referred to in clause 5.3, 10% of the purchase
price will be adjusted and must be reflected in Purchase Price as agreed between the
Vendor and the Purchaser or, failing agreement, as determined by an independent third
party acting as an expert. If the parties cannot agree on appointment of the third party
or their remuneration or both, then either party may ask the President (or nominee) of
the Law Institute of Victoria to appoint a suitable independent third party or determine
that person’s remuneration or both.
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5.6
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The
Purchaser and its representatives are entitled to full management and control of the
Business after Completion date and full payment has been made.
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5.7
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Title
to the Assets and the benefit of the Goodwill passes to the Purchaser at Completion.
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5.8
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ASIC
Securities will not be transferred until the full payment has been made
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5.9
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ASQAnet
details will not be updated until full payment is made. After completion date purchaser
has 28 days to notify ASQA of material change of event and it is responsibility of the
purchaser to notify ASQA of new owners of the business.
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6.
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Continuation
of Business
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6.1
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Prior
to Completion the Vendor must carry on the Business in the usual and ordinary course
and do all things necessary or desirable to preserve and enhance the Goodwill and not
do anything which may damage the Goodwill at any time.
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6.2
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Vendor
will be able to operate as normal business until the completion date or 6 months from
the time deposit is paid until whichever comes later. However it will be complete responsibility
of the purchaser from the time deposit is paid to maintain business license, pay ASIC
fees. ASQA registration fees and other business related expenses.
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7.1
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The
Purchaser warrants that it is registered for GST purposes and will remain registered
prior to and during Completion.
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7.2
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The
parties acknowledge and agree that the sale of the Assets under this contract, together
with the supply of anything else by the Vendor to the Purchaser under this contract,
constitutes a GST-free supply of a going concern.
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7.3
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If
at any time the supply or supplies under this contract do not constitute a supply of
a going concern, the Purchaser must pay to the supplier an amount equal to the GST payable
on the supply together with any general interest charge or penalties imposed by the Commissioner
of Taxation.
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The
Vendor must do whatever is reasonably necessary to introduce the Purchaser to customers and suppliers connected with the Business
and give the Purchaser reasonable assistance and advice about running the Business during the Assistance Period.
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9.
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Access
to Records and Copies
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9.1
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The
Vendor must facilitate and ensure that the Purchaser, its agents, representatives, accountants
and solicitors are authorised and provided with full and free access to the Premises
and the Records at all reasonable times before the Completion Date.
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9.2
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In
exercise of the rights granted under clause 9.1, the Purchaser may make copies of material
examined, consult with the Vendor’s auditor or accountant and, subject to the prior
consent of the Vendor (which may not be unreasonably withheld), consult with Employees.
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9.3
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Until
completion, or in the event that the sale and purchase of the Business and Assets is
not completed under this contract, the Purchaser, its agents, representatives, accountants
and solicitors must keep strictly confidential all information supplied or obtained under
clauses 9.1 and 9.2.
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10.
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Completion
[List of all Assets Schedule 3] [Purchase Price Schedule 1]
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10.1
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Completion
must take place on the Completion Date at the location specified in the Particulars or
such other place as the parties agree.
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10.2
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At
Completion, the Vendor must, at its own cost (if any):
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10.2.1
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deliver
to the Purchaser duly executed transfers of or consents relating to the Intellectual
Property Rights (where applicable) in a form acceptable to the Purchaser;
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10.2.2
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assign
to the Purchaser all its right, title and interest in the Business Contracts and Arrangements
and deliver to the Purchaser all required consents to such assignment; and
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10.2.3
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deliver
to the Purchaser duly executed documents to enable the Purchaser to apply for and obtain
a transfer of all Statutory Licenses to enable the Purchaser to lawfully carry on the
Business after Completion; and
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10.2.4
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deliver
to the Purchaser the Records and the Students List; and
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10.2.5
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deliver
to the Purchaser a list setting out, with respect to each Transferring Employee, their
date of commencement of employment, rates of remuneration, leave and other entitlements
as at Completion; and
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10.2.6
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unless
clauses 14, 15 or 16 of this contract apply, deliver to the Purchaser the written consents
of the respective owners, lessors or mortgagors to the assignment of the Hire Purchase
Agreements, the Equipment Leases and the Premises Leases in a form acceptable to the
Purchaser together with the original duly stamped leases or agreements and duly executed
assignments or transfers (if necessary); and
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10.2.7
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deliver
to the Purchaser:
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10.2.7.1
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certificates
of registration, with ASIC, ASQA and ATO
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10.2.8
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transfer
to the control of the Purchaser any deposit money held in company account for customers
of the Business.
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10.3
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At
Completion, the Purchaser must pay, as directed by the Vendor, that part of the Purchase
Price referred to in clause 4.1.2 (plus or minus the net amount of adjustments required
to be made between the parties in accordance with this contract, including clause 12).
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11.1
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On
the day immediately prior to Completion and (if necessary) on the Completion Date but
prior to Completion, the Vendor and the Purchaser must carry out a physical stocktake
of the Stock.
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11.2
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In
carrying out the physical stocktake, the Vendor and the Purchaser must classify all items
of Stock as:
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11.2.1
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good
and saleable; or
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11.2.2
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not
of merchantable quality.
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11.3
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Each
class of Stock must be valued as follows:
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11.3.1
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the
good and saleable Stock must be valued at the last invoiced cost price to the Vendor
(including GST) as determined by the Vendor and Purchaser from the Records; and
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11.3.2
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Stock
which is not of merchantable quality must be valued by agreement between the Vendor and
the Purchaser or, failing agreement by Completion, be determined in the manner set out
in clause 11.4.
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11.4
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Any
dispute between the Vendor and the Purchaser relating to the physical quantity, quality,
standard, classification, invoiced cost to the Vendor of Stock, or the value of items
of Stock not of merchantable quality, which is not settled by Completion must be determined
by the Stock Valuer.
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All:
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12.1
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periodical
outgoings and expenses in respect of the Business (for example, rent, insurance, electricity,
gas and water expenses); and
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12.2
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any
deposits received by the Vendor for goods to be supplied by the Business, must
be apportioned as at the Completion Date between the Vendor and the Purchaser and the Purchase Price adjusted accordingly.
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13. Assumption
of Debt and Liabilities
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13.1
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With
the exception of the Encumbrances specified in the Particulars (and only to the extent
specified in the Particulars), the Purchaser does not assume any debt, liability or obligation
of the Vendor, whether known or unknown, fixed or contingent.
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14.
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Hire
Purchase Agreements and Equipment Leases
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14.1
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The
Vendor must secure and the Purchaser must take an assignment of the Hire Purchase Agreements
and Equipment Leases as at and with effect from the Completion Date.
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14.2
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The
Purchaser must provide to the Vendor all information as is reasonably requested in order
to obtain an assignment or novation of the Hire Purchase Agreements and Equipment Leases.
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14.3
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The
Purchaser must assume, perform and observe the covenants and obligations of the Vendor
under the Hire Purchase Agreements and Equipment Leases from the Completion Date and
indemnifies the Vendor against any Claims or Liabilities arising as a result of any breach
of such agreements by the Purchaser after the Completion Date.
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14.4
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If
the Vendor is unable to procure the assignment or novation of a Hire Purchase Agreement
or Equipment Lease to the Purchaser prior to the Completion Date, the Purchaser will
accept the relevant Hired Equipment or Leased Equipment
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15. Premises
Leases
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15.1
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The
Purchaser must provide to the Vendor all information as is reasonably requested in order
to obtain an assignment or novation of the Premises Leases.
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16.
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Business
Contracts and Arrangements
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16.1
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If
the assignment of any of the Business Contracts and Arrangements requires another party’s
consent the purchaser must, until Completion and at its own cost, use its reasonable
endeavours to get business contracts. Purchaser will not contact existing contracts directly
and it will be responsibility of the vendor to finish of with existing contracts.
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16.2
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The
Purchaser must provide to the Vendor all information as is reasonably requested in order
to obtain an assignment of the Business Contracts and Arrangements.
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16.3
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In
respect of each Business Contract and Arrangement assigned under this contract:
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16.3.1
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the
Vendor is responsible for complying with all of the obligations under it for the period
up to and including the Completion Date; and
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16.3.2
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the
Purchaser is responsible for complying with all of the obligations under it for the period
after the Completion Date; and
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16.3.3
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each
party accordingly indemnifies the other against all Claims or Liabilities arising out
of or in relation to the nonpayment, nonobservance or nonperformance of any obligations
arising under or arising in respect of each Business Contract and Arrangement.
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16.4
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If
the Purchaser is unable to procure the assignment of a Business Contract and Arrangement
the vendor may, at its absolute discretion:
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16.4.1
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require
an appropriate addition in the Purchase Price, taking account of the expected value of
the relevant Business Contract and Arrangement to the Business after Completion; or
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16.4.2
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if
the Business Contracts and Arrangements are material to the operation of the Business
and the Purchaser has complied with clause 16.2, immediately terminate this contract
by notice in writing to the Vendor with 20% administration charge will be payable to
vendor for terminating the contract.
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17.1
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The
Purchaser must bear the cost of any notice of disposal and any roadworthiness certificate
required to be obtained (including the cost of any repair works required to obtain the
roadworthiness certificate) in relation to any motor vehicle (owned or leased) sold or
transferred under this contract.
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17.2
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The
Purchaser must bear the cost of preparing and lodging any notice of acquisition or other
documents required to be lodged under the relevant motor vehicle legislation and all
stamp and other duties payable with respect to the transfer of ownership of any motor
vehicle under this contract.
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18.
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Employees
and Officers
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18.1
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The
Vendor must, at least 14 days prior to Completion, deliver to the Purchaser all relevant
particulars of each Employee including the Employee’s date of commencement, applicable
award, total remuneration (including bonuses or profit sharing arrangements), rostered
days off, superannuation or pension contributions, Workcare contributions, accrued annual
leave (including loading) and accrued long service leave entitlements due to the Employee
as at the Completion Date.
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18.2
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The
Purchaser must, at least 7 days prior to Completion, offer to employ each Employee specified
in the Particulars, with effect from and conditional on Completion, on terms and conditions
no less favourable than those on which each such Employee is employed prior to the Completion
Date.
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18.3
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The
Purchaser must advise the Vendor which Employees have accepted the Purchaser’s
offer of employment (the “Transferring Employees”).
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18.4
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The
Vendor must not do anything to discourage any Employee from accepting employment with
the Purchaser.
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18.5
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The
Vendor must, on and with effect from the close of business on the day prior to the Completion
Date, terminate the employment of all of the Transferring Employees.
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18.6
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On
the Completion Date the Vendor must pay to each Employee who is not a Transferring Employee,
or otherwise ceases work for the Vendor, all amounts due to him or her as at the Completion
Date.
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18.7
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On
the Completion Date, the Vendor must pay to the Transferring Employees all amounts owing
and due to them as at the Completion Date in respect of wages, salaries, commissions,
bonuses, allowances and other emoluments relating to services rendered prior to the Completion
Date.
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19.1
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At
Completion, the Vendor must pay all outstanding superannuation contributions owing as
at the Completion Date in respect of the Transferring Employees.
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19.2
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If
the Vendor fails to comply with its obligation under clause 19.1, an amount equal to
the aggregate of any outstanding superannuation contributions owing by the Vendor as
at the Completion Date in respect of the Transferring Employees must be deducted from
the Purchase Price.
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There
is no restraint period or area which applies to the vendor or purchaser in this agreement.
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21.
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Warranties
[Schedule 2]
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21.1
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The
Vendor and the Covenantors warrant and represent to the Purchaser as at the date of this
contract and as at the Completion Date the matters set out in this clause.
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21.2
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If
the Vendor is a company:
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21.2.1
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the
Vendor is duly incorporated and has full corporate power to own the Assets and to carry
on the Business; and
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21.2.2
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the
Vendor has the power to enter into and perform this contract; and
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21.2.3
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no
petition has been issued against the Vendor to wind it up nor has action been taken or
threatened to be taken to seize or take possession of any of its assets (including the
Assets); and
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21.2.4
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no
controller, administrator or trustee of the Vendor has been appointed.
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21.3
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If
the Vendor is a natural person or a company:
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21.3.1
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there
are no unsatisfied judgments against the Vendor which have not been disclosed to the
Purchaser; nor has any sequestration order been made or writ of execution issued against
the Vendor or any of its assets (including the Assets); and
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21.3.2
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the
sale of the Assets pursuant to this contract does not result in a breach of any obligation
(including any statutory, contractual or fiduciary obligation) or constitute a default
under or result in the imposition of any encumbrance under any agreement or undertaking,
by which the Vendor is bound.
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21.4
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The
Accounts exhibit a true and fair view of the financial position and affairs of the Business,
are true and accurate to a material extent and are not affected by unusual, extraordinary
or non-recurring items.
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21.5
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The
Vendor holds all material statutory licences, consents and authorisations necessary for
the carrying on of the Business.
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21.6
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The
conduct of the Business by the Vendor does not contravene any laws in any material respect
and no allegation of any contravention of any applicable laws is known to the Vendor.
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21.7
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All
information concerning the Business and the Assets which the Vendor or any of the Vendor’s
representatives have furnished to the Purchaser or the Purchaser’s representatives
prior to the execution of this contract is true, complete and accurate in all material
respects and is not misleading or deceptive whether by inclusion or omission.
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21.8
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As
far as the Vendor and the Covenantors are aware, there are no Claims by any person (including
the Employees) or authority relating to the Business, other than those disclosed to the
Purchaser.
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21.9
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There
are no outstanding notices or orders served or made by any person, body or authority
affecting the Business and the Vendors are not aware of any proposals or circumstances
which may result in such a notice or order being served or made.
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21.10
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The
Assets:
[List of all Assets Schedule 3]
|
|
|
21.10.1
|
are
all of the assets (other than the Excluded Assets) which have been used and which are
appropriate, material and necessary for the successful conduct of the Business; and
|
|
|
21.10.2
|
will
all be the property of the Vendor at Completion and will be free from all Encumbrances
(other than those Encumbrances listed in the Particulars).
|
|
|
21.11
|
The
Premises Leases create a valid and enforceable leasehold interest in accordance with
their terms and have not been amended or modified.
|
|
|
21.12
|
The
Premises are the only leasehold properties occupied or used by the Vendors in the conduct
of the Business.
|
|
|
21.13
|
The
Vendor has duly and punctually observed and performed the terms and conditions of the
Premises Leases, is not in breach or default under any term or provision of them or liable
to forfeiture or termination.
|
|
|
21.14
|
The
Vendor has not received and is not aware of any notice from any party or competent authority
affecting any right or interest under the Premises Leases.
|
|
|
21.15
|
Each
item of Plant and Equipment is in a good and safe state of repair and condition and satisfactory
working order for its age (fair wear and tear excepted) and has been regularly and properly
maintained.
|
|
|
21.16
|
Other
than as disclosed to the Purchaser, all Stock, whether in hand, in transit or in bond,
is of good and merchantable quality, fit for the purpose for which it is intended to
be used and is capable of being sold or used in the ordinary course of the Business,
in accordance with the Vendor’s current price lists without rebate or allowance
to a purchaser.
|
|
|
21.17.1
|
in
relation to each Employee, complied in all material respects with all obligations imposed
on it by statutes, orders, regulations, collective agreements, awards and codes of conduct
relevant to conditions of service; and
|
|
|
21.17.2
|
made
all payments in respect of occupational superannuation required under any statute or
award in respect of each Employee; and
|
|
|
21.17.3
|
complied
in all material respects with all statutory requirements as to workers’ compensation,
insurance, payroll tax and income tax instalment deductions in relation to all Employees
or past employees of the Business; and
|
|
|
21.17.4
|
established
procedures under and has complied in all material respects with all requirements at any
time in force under all occupational, health and safety legislation.
|
|
|
21.18
|
Each
of the Business Contracts and Arrangements is valid, binding and enforceable against
the parties to it and no party is in default.
|
|
|
21.19
|
The
Vendor is not aware of any grounds for rescission or avoidance or repudiation of any
of the Business Contracts and Arrangements.
|
|
|
21.20
|
The
Vendor is not a party to any contractual arrangement in relation to the Business which
may be terminated by any other party by reason of this contract or a change in the ownership
of the Business.
|
|
|
21.21
|
There
are no existing challenges to the Vendor’s right, title or interest in any of the
Intellectual Property Rights.
|
|
|
21.22
|
As
far as the Vendor is aware, the Vendor’s use of the Intellectual Property Rights
does not breach the rights of any other person and no Claims have been asserted challenging
the Vendor’s use of the Intellectual Property Rights.
|
|
|
21.23
|
The
Vendor is not aware of any use by any other corporation or person of any trademarks or
domain names forming part of the Assets.
|
|
|
21.24
|
There
are no rights, benefits or arrangements used in or pertaining to the Business the benefit
of which will not effectively pass to the Purchaser pursuant to this contract at Completion.
|
|
|
22.
|
Limits
on Warranties [Schedule 2]
|
|
|
22.1
|
The
Warranties are given subject to the disclosures in:
|
|
|
22.1.1
|
this
contract; and
|
|
|
22.1.3
|
any
other document which, or a copy of which, has been given to the Purchaser before the
a Date; and
|
|
|
22.1.4
|
any
other disclosure made by the Vendor to the Purchaser prior to the Completion Date.
|
|
|
22.2
|
The
Purchaser must not claim that any facts disclosed in any of the documents specified in
this clause renders any of the Warranties untrue or misleading or causes them to be breached.
|
|
|
22.3
|
The
Vendor is not liable to the Purchaser for any Claim arising from or relating to, and
the Purchaser expressly acknowledges and represents (with intention that the Vendor relies
upon the representation) that it does not rely upon any statement, representation, warranty,
promise, undertaking or agreement in connection with, the sale of the Assets not expressly
set out in this contract.
|
|
|
22.4
|
The
Vendor is not liable to the Purchaser for any claim for breach of the Warranties unless
the Purchaser has given written notice to the Vendor setting out specific details of
the claim on or before the day 10 days after the Completion Date.
|
|
|
22.5
|
The
Purchaser agrees that the total amount payable by the Vendor in respect of all claims
under this contract is no more than the amount of the Purchase Price.
|
|
|
22.6
|
The
Purchaser must give written notice to the Vendor setting out full details of any claim,
demand or legal proceeding which may lead to liability on the part of the Vendor and
must permit the Vendor to defend, arbitrate or compromise any such proceedings.
|
23. GST
|
|
23.1
|
Except
as otherwise provided by this clause, all consideration payable under this contract in
relation to any supply is exclusive of GST.
|
|
|
23.2
|
The
vendor warrants that it is registered for GST purposes and will remain registered prior
to and during Completion.
|
|
|
23.3
|
The
parties acknowledge and agree that the sale of the Assets under this contract, together
with the supply of anything else by the Vendor to the Purchaser under this contract,
constitutes a GST-free supply of a going concern.
|
|
|
23.4
|
If
at any time the supply or supplies under this contract do not constitute a supply of
a going concern, the Purchaser must pay to the supplier an amount equal to the GST payable
on the supply together with any general interest charge or penalties imposed by the Commissioner
of Taxation.
|
24. Confidential
Information
|
|
24.1
|
For
the sole purpose of protecting the vendor (both prior to and after Completion) in respect
of the acquisition of the Assets, the purchaser covenants with the vendor that the purchaser
will:
|
|
|
24.1.1
|
subject
to clause 24.1.2, not at any time after the date of this contract without the prior consent
of the vendor disclose any Confidential Information to any person other than the vendor;
and
|
|
|
24.1.2
|
at
all times after the date of this contract use their best endeavours to prevent disclosure
by any officer, employee, agent of or consultant to the purchaser.
|
|
|
24.2
|
Clause
24.1 does not apply to disclosures by the Vendor (or any officer, employee, agent of
or consultant to the purchaser) of Confidential Information:
|
|
|
24.2.1
|
that
is now or in the future in the public domain other than due to a default under this contract;
or
|
|
|
24.2.2
|
that
is required to be disclosed by the Vendor to any government authority; or
|
|
|
24.2.3
|
that
is required to be disclosed by the Vendor under any law, Court order or legislation from
time to time in force.
|
|
|
25.1
|
If
the Purchaser fails to pay money owing under this contract the Vendor may sue for the
unpaid money immediately without first complying with clause 25.3.
|
|
|
25.2
|
Any
party may seek urgent interlocutory relief in relation to the actions of the other party
under this contract without first complying with clause 25.3.
|
|
|
25.3
|
Unless
clause 25.1 or 25.2 applies, if a dispute arises out of or relates to this contract (including
any dispute as to breach or termination of this contract) a party to the contract may
not commence court proceedings relating to that dispute (Dispute) unless:
|
|
|
25.3.1
|
the
party claiming the Dispute has arisen has given written notice to the other party specifying
the nature of the Dispute (
Dispute Notice
); and
|
|
|
25.3.2
|
the
parties first endeavour in good faith to resolve the Dispute expeditiously using mediation,
applying the procedures and within the timeframes specified in clauses 25.4 and 25.5.
|
|
|
25.4
|
Upon
the service of a Dispute Notice the parties must jointly agree on a mediator and the
mediator’s remuneration. If the parties fail to agree within 5 days of the service
of the Dispute Notice (or such other period agreed by the parties) either party may ask
the President (or nominee) of the Law Institute of Victoria to appoint a mediator on
behalf of the parties and determine the mediator’s remuneration.
|
|
|
25.5
|
The
parties must observe the instructions of the mediator about the conduct of the mediation
and seek to resolve the Dispute with the assistance of the mediator within 10 Business
Days of the appointment of the mediator (or such other period agreed by the parties).
If the Dispute is not resolved within that time then either party may commence court
proceedings.
|
|
|
25.6
|
The
costs of the mediator will be borne equally by the parties.
|
|
|
26.1
|
This
contract may only be varied or replaced by a document duly executed by the parties.
|
|
|
26.2
|
This
contract contains the entire understanding between the parties as to the subject matter
contained in it. All previous agreements, representations, warranties, explanations and
commitments, expressed or implied, affecting this subject matter are superseded by this
contract and have no effect.
|
|
|
26.3
|
Each
party must promptly execute and deliver all documents and take all other action necessary
or desirable to effect, perfect or complete the transactions contemplated by this contract.
|
|
|
26.4
|
Each
party must pay its own legal costs and expenses in relation to the negotiation, preparation
and execution of this contract and other documents referred to in it, unless expressly
stated otherwise.
|
|
|
26.5
|
The
Purchaser must pay any stamp duty on this contract and any document executed under it
including on the assignment or transfer of the Premises Leases.
|
|
|
26.6
|
A
single or partial exercise or waiver of a right relating to this contract does not prevent
any other exercise of that right or the exercise of any other right.
|
|
|
26.7
|
No
party will be liable for any loss or expenses incurred by another party caused or contributed
to by the waiver, exercise, attempted exercise, failure to exercise or delay in the exercise
of a right.
|
|
|
26.8.1
|
sell,
transfer, delegate, assign, licence; or
|
|
|
26.8.2
|
mortgage,
charge or otherwise encumber,
|
any
right or obligation under this contract to any person, without the prior written consent of the other party to this contract (
Other
Party
).
|
|
26.9
|
The
Other Party must not unreasonably withhold consent under clause 26.8.
|
|
|
26.10
|
Time
is of the essence as regards all dates, periods of time and times specified in this contract.
|
|
|
26.11
|
Each
indemnity in this contract is a continuing obligation, separate and independent from
the other obligations of the parties and survives termination of this contract.
|
|
|
26.12
|
It
is not necessary for a party to incur expense or make payment before enforcing a right
of indemnity conferred by this contract.
|
|
|
26.13
|
The
Warranties, conditions, provisions, undertakings, agreements and continuing obligations
in this contract do not merge on Completion but to the extent that they have not been
fulfilled and satisfied or are capable of having effect remain in full force and effect.
|
|
|
26.14
|
This
contract is governed by and is to be construed in accordance with the laws of Victoria.
Each party irrevocably and unconditionally submits to the non-exclusive jurisdiction
of the courts of Victoria and waives any right to object to proceedings being brought
in those courts.
|
|
|
26.15
|
Subject
to clause 26.16, if a provision in this contract is held to be illegal, invalid, void,
voidable or unenforceable, that provision must be read down to the extent necessary to
ensure that it is not illegal, invalid, void, voidable or unenforceable.
|
|
|
26.16
|
If
it is not possible to read down a provision as required by clause 26.15, that provision
is severable without affecting the validity or enforceability of the remaining part of
that provision or the other provisions in this contract.
|
|
|
26.17
|
If
the Restraint Period or the Restraint Area or both is judged to go beyond what is reasonable
in the circumstances and necessary solely to protect the Goodwill, that Restraint Period
or Restraint Area or both, as applicable, must be reduced by one half (First Reduced
Restraint).
|
|
|
26.18
|
If
the Restraint Period or the Restraint Area or both, as reduced under clause 26.17, is
judged to go beyond what is reasonable in the circumstances and necessary solely to protect
the Goodwill that reduced Restraint Period or reduced Restraint Area or both must be
again reduced by one half (Second Reduced Restraint).
|
|
|
26.19
|
The
separate and independent covenants and restraints arising under clauses 20.1 and 20.2
have effect as several separate and independent covenants and restraints when combined
with those of the Restraint Period, Restraint Area, First Reduced Restraint and Second
Reduced Restraint still applying after the operation of clauses 26.17 and 26.18.
|
|
|
26.20
|
If
any of the separate and independent covenants and restraints arising under clause 26.19
are or become invalid or unenforceable for any reason then that invalidity and unenforceability
will not affect the validity or enforceability of the other separate and independent
covenants and restraints.
|
|
|
26.21
|
If
any of the covenants and restraints arising under clause 26.19 would be judged reasonable
and necessary if any activity specified in clause 20.1 were deleted, the prohibitions
or restrictions apply with that activity deleted.
|
|
|
26.22
|
This
contract may be executed in any number of counterparts, all of which taken together constitute
one instrument.
|
|
|
27.1
|
A
party giving notice or notifying under this contract must do so in writing:
|
|
|
27.1.1
|
directed
to the recipient’s address or email address as specified in the Particulars or
as varied by any earlier notice; and
|
|
|
27.1.2
|
hand
delivered or sent by prepaid post or transmitted by Email Address to that address or
email address.
|
|
|
27.2
|
A
notice is taken to be served and received:
|
|
|
27.2.1
|
if
transmitted by facsimile, at the time successful and full transmission is indicated by
the transmission confirmation generated by the sender’s facsimile machine; or
|
|
|
27.2.2
|
if
sent by express post or certified mail, the next Business Day after posting; or
|
|
|
27.2.3
|
if
delivered by hand, on delivery.
|
|
|
28.1.1
|
Words
and expressions that are not otherwise defined but which have a defined meaning in the
GST Law have the same meaning as in the GST Law;
|
|
|
28.1.2.1
|
a
person includes a firm, partnership, joint venture, association, corporation or other
corporate body; and
|
|
|
28.1.2.2
|
a
person includes the legal personal representatives, successors and permitted assigns
of that person; and
|
|
|
28.1.3
|
a
reference to this or another document includes the document as varied or replaced regardless
of any change in the identity of the parties; and
|
|
|
28.1.4
|
a
reference to writing includes all modes of representing or reproducing words in a legible,
permanent and visible form; and
|
|
|
28.1.5
|
headings
and subheadings are inserted for ease of reference only and do not affect the interpretation
of this contract; and
|
|
|
28.1.6
|
a
reference to “$” or “dollars” is a reference to Australian dollars;
and
|
|
|
28.1.7.1
|
the
singular includes the plural and vice versa; and
|
|
|
28.1.7.2
|
a
gender includes the other genders; and
|
|
|
28.1.8
|
a
reference to a statute includes regulations under it and consolidations, amendments,
re-enactments or replacements of any of them.
|
|
|
28.2
|
If
a payment or other act is required by this contract to be made or done on a day which
is not a Business Day, the payment or act must be made or done on the next following
Business Day.
|
29. Dictionary
Accounts
Date
means the date not more than 14 days prior to Completion when the accounts of the Business are prepared.
Assets
means individually and collectively the Goodwill, the Debtors, the Plant and Equipment, the Motor Vehicles, the Intellectual
Property Rights, the Stock, the Work in Progress and the benefit of the Business Contracts and Arrangements, Statutory Licences,
Equipment Leases, Hire Purchase Agreements, Property Leases and any and all prepayments.
Assistance
Period
means the period specified as such in the Particulars, which may be before or after Completion or both.
Bank
means an authorised deposit-taking institution within the meaning given to that term in the
Banking Act
1959 (Cth).
Business
means the whole of the undertaking and goodwill of the business specified in the Particulars carried on by the Vendor under
the business name specified in the Particulars from the Premises and using the Assets.
Business
Contracts and Arrangements
means the supply, licence, employee, agency, consulting, franchise, warranties, guarantees, distribution
and sale agreements, arrangements or understandings entered into, existing, made or held by the Vendor concerning the Business
which are, in whole or in part, executory as at Completion, including those listed in the Particulars.
Business
Day
means a day other than a Saturday, Sunday or public holiday in the State of Victoria.
Claim
includes a claim, notice, demand, action, proceeding, litigation, investigation, judgment, damage, loss, cost, expense or
liability however arising, whether present, unascertained, immediate, future or contingent and whether based in contract, tort
or statute.
Completion
means the completion of this contract resulting in the sale by the Vendor and the purchase by the Purchaser of the Business
and the Assets.
Completion
Date
means the date that Completion occurs, such date being scheduled to take place on the date specified in the Particulars.
Conditions
means the conditions specified as such in the Particulars.
Confidential
Information
means:
|
|
(a)
|
all
trade secrets and all financial, accounting, marketing and technical information, customer
and supplier lists, pricing information, ideas, concepts, formulae, know-how, technology,
operating procedures, processes, knowledge and other information belonging to, used by
or relating to the Vendor in the conduct of the Business which is not in the public domain;
|
|
|
(b)
|
all
notes and reports incorporating or derived from information referred to in paragraph
(a); and
|
|
|
(c)
|
all
copies of the information, notes and reports referred to in paragraphs (a) and (b).
|
Covenantor
means the person or persons described as such in the Particulars.
Customer
List
means the list of customers of the Business required to be provided by the Vendor on the Completion Date under clause
10.2.7, which is a list of all known customers of the Business with whom the Vendor has traded during the 12 months prior to the
Completion Date including, if available, particulars of the types of goods or services supplied to the customers, quantities supplied
and pricing policies.
Debtors
means the trade and other debts owing to the Vendors as at Completion from products or services sold, delivered or provided
by the Vendors in the conduct of the Business prior to Completion.
Deposit
means the dollar amount described as such in the Particulars.
Employee
Entitlements
means all accrued entitlements of the Transferring Employees in respect of annual leave (including any loadings)
and long service leave accruing in respect of service of 7 years or more.
Employees
means the persons employed by the Vendor in the conduct of the Business.
Encumbrances
means all mortgages, charges, pledges, liens, security interests, retentions of title, other encumbrances and all rights of
any other person adverse to the interest of the Purchaser as purchaser of the Business and the Assets.
Equipment
Leases
means each of the equipment leases entered into by the Vendor in respect of the Leased Equipment.
Excluded
Assets
means assets specified as such in the Particulars used by the Vendor in the conduct of the Business prior to Completion
which will not be transferred to the Purchaser on Completion.
Goodwill
means the goodwill of the Vendor in relation to the Business together with the exclusive right for the Purchaser to represent
itself as carrying on the Business in succession to the Vendor.
GST
Law
has the meaning given to that term in the
A New Tax System (Goods and Services Tax) Act
1999.
Hire
Purchase Agreements
means each of the hire purchase agreements entered into by the Vendor in respect of the Hired Equipment
which the Purchaser requests be assigned to it.
Hired
Equipment
means each item of plant and equipment identified in the Particulars hired by the Vendor under a Hire Purchase Agreement
and used exclusively in the conduct of the Business.
Intellectual
Property Rights
means all intellectual property and proprietary rights (whether registered or unregistered) owned or used
by the Vendor or necessary for the conduct of the Business including:
Leased
Equipment
means each item of equipment (including Motor Vehicles) identified in the Particulars leased by the Vendor under
an Equipment Lease.
Liabilities
includes all liabilities (whether actual, contingent or prospective), losses, damages, costs and expenses of whatever description.
Motor
Vehicles
means the registered motor vehicles identified in the Particulars owned by the Vendor and exclusively used in the
conduct of the Business.
Particulars
means the particulars of this contract set out in Part 1.
Plant
and Equipment
means all plant, equipment, fittings, internal partitions, light fittings, tables, glassware, signage, stationery,
office furniture and equipment, machinery, computer hardware, printers, furniture, fittings and other fixed assets or chattels
owned by the Vendors for use in the conduct of the Business.
Plant
and Equipment Leases
means lease arrangements in relation to the Plant and Equipment.
Premises
means the properties leased by the Vendor under the Premises Leases for the purpose of conducting the Business as specified
in the Particulars together with all improvements erected on those properties.
Premises
Leases
means the lease agreements entered into by the Vendor in respect of the lease of the Premises, full particulars of
which are specified in the Particulars.
Purchase
Price
means the dollar amount described as such in the Particulars.
Purchaser
means the buyer of the Business and the Assets as set out in the Particulars.
Records
means all original and copy records, documents, books, files, reports, accounts, plans, correspondence, letters and papers
of every description and other material belonging or relating to or used by the Vendor in the conduct of the Business including
certificates of incorporation, minute books, statutory books and registers, books of account, taxation returns, title deeds, certificates
of title, cheque books, sales literature, market research reports, product promotional, descriptive and application material,
manufacturing and engineering records, sales and purchasing records, price lists, computer programs and software, personnel records,
trading and financial records and lists of all regular suppliers and customers.
Restraint
Area
means the area specified as such in the Particulars.
Restraint
Period
means the period specified as such in the Particulars.
Stakeholder
means the person or persons described as such in the Particulars.
Statutory
Licences
means all statutory licences, consents, registrations, approvals, authorities, rights, quotas, permits and certificates
relating to any aspect of the Business which are held or required by any competent statutory authority (whether Commonwealth,
State or local) to be held by the Vendor, or any employees of the Business.
Stock
means all marketable stocks of raw materials, packaging materials, finished goods and other good and saleable stock-in-trade
owned and held by the Vendor in the conduct of the Business located at the Premises on the Completion Date.
Stock
Valuer
means the person identified as such in the Particulars who will act as an expert and not as an arbitrator, whose decision
will be final and binding on the Vendor and the Purchaser and whose costs will be borne and paid by the Vendor and the Purchaser
in equal shares.
Transferring
Employees
means the Employees who accept the Purchaser’s offer of employment referred to in clause 18.2.
Trust
Fund
means the trust fund on behalf of which the Vendor, as trustee, operates the Business and owns the Assets, if any.
Vendor
means the seller of the Business and the Assets as set out in the Particulars.
Warranties
means the warranties made and representations given by the Vendor to the Purchaser at clause 21.
Work
in Progress
means the items of stock relating to orders placed by customers of the Business remaining uncompleted, undelivered
or unfulfilled, to the extent that after Completion there is a continuing right or obligation relating to the Business.
|
S
CH
E
DU
LE
1
|
|
SALE
SECURITIES
|
Total
Company Shares 400
Amount
paid = $40,000
Azmat
Ali = ORD 400 Fully Paid
|
|
VENDOR
|
Azmat
Ali
Chief
Executive Officer
GLOBAL
INSTITUTE OF VOCATIONAL EDUCATION PTY. LTD.
0430
320 046
aliazmat.au@gmail.com
22
Cuthbert Av
Truganina
VIC 3029
|
|
PURCHASER
|
Anvia
(Australia) Pty Ltd f.k.a.Kasa Corporation (Australia) Pty Ltd
ACN
605 782 849
ABN
44605 782 849
366
Nursery Road, Holland Park, 4121 QLD
|
|
PURCHASE
PRICE
|
81,900
excluding GST for 100% shareholding in GLOBAL INSTITUTE OF VOCATIONAL EDUCATION PTY. LTD.
|
|
COMPLETION
DATE
|
19
th
January, 2018
|
II
SCHEDULE
2 - VENDOR’S
WARRANTIES
|
|
1.1.
|
T
he
V
e
n
d
o
r
i
s the
l
e
g
a
l
re
g
i
s
tered
a
n
d b
e
ne
f
i
c
i
al
o
w
n
e
r
of a
l
l
o
f
the
S
a
l
e
S
ec
u
r
i
t
i
es.
|
|
|
1.2.
|
T
he
V
e
n
d
o
r
i
s e
n
t
i
t
l
ed
a
n
d c
o
mp
e
te
n
t
to se
l
l a
n
d
tra
n
s
fer
a
l
l
o
f
the
S
a
l
e
S
ec
u
r
i
t
i
es
to the
P
u
r
c
h
as
e
r
w
i
th
o
ut
the co
n
s
e
nt
o
f a
n
y
p
e
r
s
on
o
r a
u
t
h
o
r
i
ty
w
h
a
tso
e
v
er.
|
|
|
1.3.
|
T
he
S
a
l
e
S
ec
u
r
i
t
i
es
a
r
e u
n
e
n
cum
b
ered
a
n
d sh
a
l
l
be u
n
e
n
c
u
mb
e
r
e
d
a
t comp
l
eti
o
n.
|
|
|
2.
|
D
ue
a
u
th
or
is
a
t
ion
|
|
|
2.1.
|
T
h
i
s
A
g
re
e
me
n
t
co
n
st
i
t
u
t
es
a
l
e
g
a
l
,
v
a
li
d
a
n
d b
i
n
d
i
ng
o
b
li
g
ati
o
n
o
f the
V
e
n
d
or
e
n
f
orceab
l
e
in acc
o
rd
a
n
ce
w
i
th
its te
r
ms by a
p
p
r
o
p
r
i
ate
l
e
g
al
remed
y
.
|
|
|
2.2.
|
T
h
i
s
A
g
re
e
me
n
t
a
n
d
C
o
mp
l
eti
o
n
do n
o
t co
n
f
li
ct
wi
th or res
u
l
t
i
n a
b
re
a
ch
o
f
o
r
d
e
f
a
u
l
t
u
n
d
e
r
a
n
y m
a
ter
i
al
te
r
m
o
r
p
ro
v
i
s
i
on
of
a
ny a
g
re
e
me
n
t
or d
e
ed
o
r
a
n
y
w
r
i
t,
order
o
r
i
nju
n
c
t
i
o
n
,
j
u
d
gmen
t
,
l
a
w
,
ru
l
e or r
e
g
u
l
ati
o
n
to
w
h
i
ch
the
V
e
n
d
o
r
i
s a pa
r
ty
or
i
s su
b
j
e
ct
or
b
y
w
h
i
ch
t
he
V
e
n
d
o
r
i
s b
o
u
n
d.
|
|
|
3.1.
|
T
he
v
e
n
d
o
rs
are n
o
t
a
w
are
o
f a
n
y
c
l
a
i
m
o
r
d
emand
a
g
a
i
n
st
the
C
o
mp
a
ny
a
f
f
e
c
t
i
ng
the
C
o
mp
a
ny
or the
B
us
i
n
e
s
s
.
|
|
SCHEDULE
3
LIST
OF ASSETS OWNED BY
COMPANY
|
|
Physical
assets and Learner resources
|
RTO
policies and Procedures
Forms
Trainer
and Learner Resources
Assessment
tools and resources
|
|
Trainer
Files
|
Daryl
lee First Aid Trainer
|
|
Domain
name
|
|
|
Customer
lists
|
Student
files Completed and non-completions
|
|
Student
Management System
|
No
Student Management system is available
|
|
Equipment
and Accessories
|
No
first aid resources are available
|
|
Excluded
Assets (if any)
|
Policy
and Procedure and training resources only limited use license and cannot be on sold to someone else
|
|
SCHEDULE
4
Student
Qualification Record
|
|
|
2010
|
2011
|
2012
|
2013
|
2015
|
2016
|
|
|
Quals
|
SOA
|
Quals
|
SOA
|
Quals
|
SOA
|
Quals
|
SOA
|
Quals
|
SOA
|
Quals
|
SOA
|
|
Total
Student Enrolments
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
Total
Students Completion
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
Quals
= Qualifications
SOA
= Statement of Attainments
|
|
Attach
the list of student’s full name, Student ID, Date of Birth and indicate if the qualification or statement of attainment
is issued with the year of completion.
Please
note: Copies of student qualification or statement of attainment must be attached
|
Exhibit
99.1
Anvia
(Australia) Pty Ltd acquires Global Institute of Vocational Education Pty Ltd
Press
Release |06/13/2018
GLENDALE,
CA, June 13, 2018 (GLOBE NEWSWIRE) — Anvia (Australia) Pty Ltd a wholly owned subsidiary of Anvia Holdings Corporation (OTCQB:
ANVV) (the “Company” or “Anvia Holdings”) today announced that it has acquired all of the issued and outstanding
shares of Global Institute of Vocational Education Pty Ltd (“Global Institute”).
Anvia
(Australia) Pty Ltd acquired 100% of Global Institute for AUD 81,900 Australian Dollars from Ms. Azmat Ali who was the sole shareholder
of the company. Ms. Azmat Ali agreed to stay on board as a director of the company during transition for another term.
Anvia
Holdings Corporation Chief Executive Officer, Ali Kasa, added “Acquisition of Global Institute completes the construction
vertical segment eco-system for Anvia as it adds the education and qualification services in addition to existing Anvia Market,
Anvia Recruiter and Anvia Loyalty. It will further optimize the investment that the company has made in Anvia Learning platform.”
About
Global Institute of Vocational Education Pty Ltd
Global
Institute of Vocational Education Pty Ltd, located in Melbourne, Australia, is a Registered Training Organization (RTO) under
Australian Qualification Framework (AQF) by Australian Skills Quality Authority (ASQA). The current scope includes Diploma of
Business, Safety Training. Global Institute is in the process of applying to add to qualification scope, all the relevant qualifications
within construction sector.
Anvia
(Australia) Pty Ltd
Anvia
(Australia) Pty Ltd, located in Brisbane, Australia, is a wholly-owned subsidiary of Anvia Holdings Corporation. Anvia Australia
commercialises Anvia’s intellectual property assets such as Anvia Learning, Anvia Market, Anvia Recruiters and Anvia Loyalty
in Australian Market.
Anvia
Market is an ecommerce platform where construction tradesmen can purchase safety wears and tools of their choice.
Anvia
Recruiters is placement services specialised in training and placing qualified tradesmen within construction industry in Australia.
Anvia
Loyalty is a FREE membership loyalty platform for construction tradesmen or handymen. It offers point based and cashback to tradesmen
who use Anvia Learning to comply with Continuing Professional Development requirements and revenue share for purchases made within
Anvia Network of hardware retailers and supermarkets.
About
Anvia Holdings Corporation
Anvia
Holdings Corporation is a global technology company that creates comprehensive, turnkey software and consulting solutions for
small to medium-sized businesses. The company also owns a leading platform for the global constructions industry that provides
a complete cloud-based eco-system. The Company is currently targeting other verticals in the international business arena such
as real estate, semiconductors and construction. Anvia Holdings Corporation trades on the OTCQB under the symbol ANVV.
For
further information, please visit www.anviaholdings.com
Contact
:
support@anviaholdings.com
Phone:
323 713 3244
Certain
statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act
of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbors created by those
rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding
potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and other results and further events could differ materially
from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated
by, or underlying the forward-looking statements.
SOURCE:
Anvia Holdings Corporation
