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Donaco International Ltd Completes Acquisition Of iSentric Sdn Bhd

Sunday, 2 Jun 2013 08:25pm EDT 

Donaco International Ltd announced that the acquisition of iSentric Sdn Bhd (iSentric) was completed with effect from June 1, 2013. iSentric is a mobile services business in South East Asia. Full details of the acquisition were announced to the market on April 15, 2013. The acquisition is complementary to Donaco’s online gaming plans, and will expand Donaco’s technical capabilities in its core leisure and entertainment business. Completion of the acquisition follows the successful completion of due diligence and satisfaction of conditions. The founders of the iSentric business have signed three-year employment agreements with Donaco, and will play a key role in assisting the Company to exploit opportunities in the gaming space. 

Company Quote

0.035 +3.35%
9:18pm EDT