July 20, 2022
Mailpac Group Limited (MAILPAC) has advised that on July 15, 2022 Mailpac Local, the grocery delivery arm of MAILPAC, entered into an operational partnership with industry leader, VirtualMart, to execute the sourcing and delivery of groceries and household items from its Mailpac Local website. The partnership will see the infrastructure and operating protocols of both brands coming together to make delivery of competitively priced groceries and PriceSmart orders more efficient and seamless.
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.