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A long-term positive development might be their new

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fwentz   Friday, 12/21/18 02:26:52 PM
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A long-term positive development might be their new Singapore subsidiary as shown in the last footnote:

Incorporation of Subsidiary in Singapore
Company incorporated Arco Weld Pte. Ltd. a Subsidiary in Singapore on November 8, 2018. Singapore
Subsidiary will initially procure welding consumables and production inputs from Asia and further afield on
behalf of the Company’s Perth based production facility.
It is also proposed that Arco Weld will act as sales agent for the sale of products manufactured in Australia,
developing new sales opportunities outside of Australia

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