Mayfield Childcare operational update

Company News

by Lee Brooks

Newly-listed Mayfield Childcare Limited (ASX:MFD) says it has achieved some key operational goals within its five weeks on the stock market.

The child care operator says it has managed to gain government rebate approval for all 16 of its centres within 2 weeks of operation.

Negotiations with Westpac have left it well-placed to secure debt funding for more acquisitions into this year and next.

A refurbishment program is underway at a number of the centres and payroll and HR for all centres have been successfully outsourced.

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