Atlantic (ATI)

Shares / Stock Code

ATI

Stock Exchange / Sharemarket

Australian Securities Exchange

Atlantic (ATI) is engaged in the business of pearl marketing. The Company sells South Sea Pearls. Atlantic operates in Myanmar while its management and marketing services are provided in Australia. Atlantic listed on the Australian Stock Exchange on 11th of June, 1987. The key focus of the Company during the fiscal 2007, was on the development of the hatchery in Myanmar, the pearl farming operation in Myanmar and pearl marketing. On completion of the Deed of Company Arrangement (DOCA), the Company is currently engaged in pearl production in Australia. Atlanic commenced its pearl production on August 8, 2007. ATI markets Pearl Product from the pearl farms in Myanmar and in return gets its payment in the form of commission. From the past few years the Company has been exporting Myanmar pearls to Australia and selling them directly to wholesalers.

At present the Company is focused on seeking potential pearl markets. It is also developing a comprehensive marketing plan for its operations. The Company’s new Board is looking for further projects and business opportunities outside pearl marketing with the aim of increasing shareholder wealth. Atlantic picks those locations for its pearl farms that are rich in nutrient levels and have lower levels of barnacle infestation. This has enabled the Company to produce high quality pearls.

Atlantic History

Atlantic Pearls on the Australian Stock Exchange on 11th June, 1987. The Company is headquartered in Fremantle, Western Australia.

Atlantic (ATI) Products and Services

  • Cultured pearls

Atlantic (ATI) Locations and Subsidiaries

Atlantic Head Office
Level 2, 16 Altona St
West Perth WA 6005
Phone: (08) 9482 0500
Fax: (08) 9482 0505

Atlantic Subsidiaries

Darrella Holdings Pty Ltd
Myanmar Atlantic Company Limited
F & R Management Services Pty Ltd
Barracuda Fisheries Pty Ltd
Atlantic Properties Pty Ltd
Atlantic International Trading Trust

Other Atlantic Details

Atlantic Year Established:1987
ACN: 009 213 763
D-U-N-S: 757773023
ABN: 60009213763

Atlantic (ATI) Share Price

Submitted by ASX Listed Company on 8 October, 2008 - 19:59

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