Undertaking date
Undertaking type
s.87B undertaking
Reference number
D07/89902
Section
ss. 4D & 45
Company or individual details
-
Name
Automated Positioning Systems Pty LtdACN
098 359 301 -
Name
MGT Holding Co Pty LtdACN
090 848 721 -
Name
Machine Guidance Technology Pty LtdACN
090 848 721 -
Name
Survey and Machine Control Pty Ltd, formerly Mike Forrest Group Pty Ltd t/as ABC LasersACN
010 548 777
Undertaking
In January 2004, APS/MGT and ABC Lasers reached an agreement whereby:
- Automated Positioning Systems and Machine Guidance Technology agreed to supply machine guidance products to customers in the civil construction industry in Queensland, Northern Rivers and Vanuatu through ABC Lasers; and
- ABC Lasers agreed not to supply machine guidance products to customers in the mining industry.
APS, MGT and ABC Lasers have offered undertaking to
- refrain from entering into or giving effect to similar agreements in the future; and
- implement trade practices compliance programs.