◊ ◊ ◊
Mayfield Childcare Limited listed and commenced trading on the Australian Stock Exchange (ASX) under the code MFD on 30 November 2016.
The Company intends to grow by:
- making capital and quality improvements to centres
- leveraging Management’s expertise to effect organic occupancy growth
- acquiring centres that fit within its acquisition criteria; and
- modestly renovating and extending some centres to increase licensed places
A number of Mayfield Childcare’s centres have the potential for modest renovations and/ or extensions that will result in an increase in licensed places. This will allow for growth without further acquisitions being required.
The close proximity of Mayfield Childcare’s centres will promote management and head office efficiencies, which will assist with the seamless integration of centres under the Company’s banner.