Aquaria 21 quitting aquariums

The Press | January 25, 2000 | Copyright

Aquaria 21, the listed aquarium manager that evolved from the Marlborough company Regal Salmon, is quitting the aquarium business.

It is negotiating to sell its Shanghai aquarium and has reached agreement to sell its interest in South Korean aquariums.

The plan is that these, plus the aquarium assets of Oceanis Australia, with which Aquaria 21 has been negotiating to merge, will end up as part of Bliss Corporation, formerly an Australian heavy engineering firm now, pending the negotiations, a cashed up shell.

Oceanis Australia will buy Aquaria 21's 75 per cent stake in the subsidiary Korea ...

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