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Bisan Ltd Update On Proposed Acquisition Of Foxfire Capital Pty Ltd


Thursday, 6 Jun 2013 11:59pm EDT 

Bisan Ltd announced that with reference to the announcement made on May 07, 2013, in relation to that it had signed a letter of intent to acquire all of the issued share capital in Foxfire Capital Pty Ltd (Acquisition) a boutique corporate advisory and securities trading business (Foxfire). In the announcement Bisan advised that the Acquisition was subject to a number of conditions, including Bisan completing, to its satisfaction, due diligence investigations on Foxfire. The Company now announced that it is still in the process of undertaking comprehensive due diligence investigations on Foxfire, and expects to be in a position to advise the market whether it intends to proceed with the Acquisition in the coming weeks. 

Company Quote

0.021
-0.0040 -16.00%
11 Jul 2014