Sale of Materials Handling Division

BauMart Holdings Limited (ASX:BMH) (theCompany orBauMart) has entered into a conditional share sale agreement with APX Holdings Pty Ltd (APX) to sell its wholly owned subsidiary Eco Pallets Pty Ltd (Eco Pallets) (including Eco Pallets’ subsidiary, Eco Pallets NZ) for a cash consideration of $1 million (Proposed Sale). APX is a special purpose vehicle based in Melbourne established to acquire Eco P