ACCESSWIRE
06 Jun 2023, 10:31 GMT+10
ARUNDEL, AUSTRALIA / ACCESSWIRE / June 5, 2023 / China Dasheng Biotechnology Co. (OTC PINK:CDBT) as disclosed, holds transport assets and operations in their normal course of business. CDBT is a major shareholder of Seven States Limited, the parent company of Roadbees Transport Pty Ltd.
In 2019, Roadbees Transport leased a small yard area and office space from Moxy Logistics Pty Ltd at the Acacia Ridge, Brisbane facility. Moxy Logistics has recently doubled their capabilities and relocated their operations to Yatala, Brisbane, taking their pallet storage and handling from 9000 pallets to 18,000 pallets and increasing their Disruptive Packaging capabilities. During the planned relocation, Moxy Logistics invited Roadbees Transport to move with them. Roadbees Transport now operates from standalone world class office facilities and yard space in Stockland's Yatala Industrial Precinct.
Moxy Logistics Pty Ltd provides seamless precision and peace of mind for every business, large or small; with products arriving safely and on time. Managing standard pallet to complex products and online requirements. Moxy is HAACP and AQIS Certified for all your food and pharmaceutical requirements. www.moxylogistics.com.au
Disruptive Packaging Pty Ltd - Inventers of the patented revolutionary and recyclable UNiCOR® and UNiCOOL® products. Materials designed to replace waxed cardboard and polystyrene for a healthier planet. Packaging that is Better, Stronger, Greener. www.disruptivepackaging.com
Roadbees Transport Pty Ltd supplies logistics, distribution, and specialized freight services for both local and interstate. We achieve these reliable freight services through collaboration with our strong partner network, including Moxy Logistics for on-time and safe deliveries. www.roadbeestransport.com .
CDBT is planning to grow the transport division across the last 2 quarters of 2023 and then separate the transport division, which is under the Seven States Limited banner, into a stand-alone entity. The board of Directors for Seven States Limited has been investigating a possible ASX listing for several years, and this would set the foundations in place.
/S/ Micheal Nugent
CEO of CDBT
# # #
CDBT. Cycclone Magnetic Engines, Inc.
On April 24, 2023, CDBT entered an Share Exchange Agreement to acquire all of the outstanding shares in Cycclone Magnetic Engines, Inc., the original founding company of the Cycclone Magnetic Engine project.
On September 30, 2022, CDBT and Cycclone Magnetic Engine Developments Limited entered into an Operating Agreement for The Amended Share Exchange Agreement giving effective control of Cycclone Magnetic Engine Developments Limited and the wholly owned subsidiaries.
Cycclone Magnetic Engines is engaged in the development and commercialization of new geometric configuration low carbon emission engines and other clean technology solutions with a view to create technologies that improve efficiency and reduce levels of greenhouse emissions. Cycclone has shareholding, assets, and interests in transport operations in Australia.
Micheal Nugent
mnugent@nugent.com.au
www.cdbtcycclone.com
+61438158688
Safe Harbor Statement
Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks.
SOURCE: China Dasheng Biotechnology Co.
Get a daily dose of Albuquerque Express news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Albuquerque Express.
More InformationBEIJING, China: Local authorities said a fire at the Shanjiaoshu coal mine in Guizhou province, southern China, killed 16 people ...
MADISON, Wisconsin: Last week, five flamingos were seen along a Lake Michigan beach in Wisconsin, attracting a large crowd of ...
LONDON, UK: The UK government said over the weekend that it could downscale the scope of the High Speed 2 ...
LAHAINA, Hawaii: This week, officials are expected to begin lifting restrictions on entry to the burn zone in Lahaina, Hawaii, ...
LONG ISLAND, New York: On Thursday, a bus carrying members of a high school marching band traveling to a music ...
GAINESVILLE, Florida: Local police report stopping children, ages 10 and 11, who had driven their family car 200 miles, in ...
DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...
TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...
WASHINGTON D.C.: After consumer complaints of oil pump failures, the National Highway Traffic Safety Administration's (NHTSA) Office of Defects Investigation ...
NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...
WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...
CAMP HILL, Pennsylvania: This week, the Wall Street Journal (WSJ) reported that Rite Aid could shut down some 400 to ...