Twiggy's Minderoo Fdn during the pandemic bought $29m of PPE equipment + $170m of testing equipment, all via a new subsidiary - First Sourcing and Logistics Pty Ltd.
Rev from sale of testing equipment ($170m) + only $5m from PPE equipment.
https://cdn.minderoo.org/content/uploads/2020/12/17133112/MF_Annual-Report-2020_200x270mm_201217_FNL_DIGITAL_P.pdf
Rev from sale of testing equipment ($170m) + only $5m from PPE equipment.
https://cdn.minderoo.org/content/uploads/2020/12/17133112/MF_Annual-Report-2020_200x270mm_201217_FNL_DIGITAL_P.pdf
Oh - First Sourcing and Logistics Pty Ltd was only registered as a company with ASIC on 3 April 2020....only a couple of days after Twiggy had arranged the first plane-load of supplies from China.
@threadreaderapp unroll