Mayside Partners to be Acquired by Mayside Trust

Mayside Partners Acquired by Mayside Trust

Mayside Partners Limited, the owner of WireNews Limited, announced today that the entire amount of its preferred capital will be transferred to Mayside Trust, a private family trust established by the company's owner, Bill White.

Mayside Partners serves as the parent company of WireNews Limited, SpudsToGo Limited, Kestrel Assets Limited while also providing funding for Hebrew Synagogue.

Speaking about the proposed change, Bill White, CEO of Mayside Partners and the Settlor of Mayside Trust, stated, "There will be no changes in the management of any of the Mayside companies or in Mayside Partners itself. This change pertains exclusively to the future ownership of the preferred capital of the parent company, and the time has come for that ownership to be vested in Mayside Trust to safeguard the beneficial interests for the beneficiaries of Mayside Trust."

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For more information about Mayside Partners Limited go to https://mayside.com.