Fastrack Group aquires Jacobs Holdings – Ontime Logistics Business
“UK – Fastrack Group PLC (FG), parcel delivery company majority-owned by Goldpower Ltd, agreed to acquire the Ontime Logistics
Business of Jacobs Holdings PLC in exchange for 61,548,387 new FG shares, valued at 4.77 mil pounds ($6.96 mil). The shares
were valued based on FG’s closing stock price of 0.0775 pounds ($0.113) on Oct 3, the last full trading day prior to the
announcement.”