Thursday, June 9, 2011

Artivision

Artivision: halt to be lifted at 9.15am today.
share placement agreement with Mr. Quek Yiang Hang at $0.17/ sh. Total consideration is $2.5m and represents ~3% of enlarged share capital. Net proceeds will be used for general corporate and working capital purposes.
Stock last traded at 172X Price/Sales. Co made a loss of $5.7m for FY11.

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