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Motopia Ltd (MOT.AX)

MOT.AX on Australia Stock Exchange

0.04AUD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Motopia to acquire Cirralto business services
Wednesday, 9 Nov 2016 07:00pm EST 

Motopia Ltd : Signs binding agreement to acquire cloud technology and services provider Cirralto Business Services Pty Ltd . Forecast to generate A$1m revenue in FY2017 . Consideration for transaction is issue of 132.5 million new Motopia shares to cirralto shareholders. . Engaged in discussions with 3rd party technology and software vendors to form partner alliances . Expects no immediate changes to its current operating structure .Motopia to acquire cirralto business services-mot.ax.  Full Article

Motopia to acquire Cirralto business services
Wednesday, 9 Nov 2016 06:00pm EST 

Motopia Ltd : Signs binding agreement to acquire cloud technology and services provider Cirralto Business Services Pty Ltd . Forecast to generate A$1m revenue in FY2017 . Consideration for transaction is issue of 132.5 million new Motopia shares to cirralto shareholders. . Engaged in discussions with 3rd party technology and software vendors to form partner alliances . Expects no immediate changes to its current operating structure .Motopia to acquire cirralto business services-mot.ax.  Full Article

Motopia Ltd announces ownership interest of Raptor Global Corporation Ltd
Tuesday, 19 May 2015 07:11pm EDT 

Motopia Ltd:Says that Raptor Global Corporation Ltd has an interest in 351,192,308 fully paid ordinary shares of the company, representing 7.17 pct. of total voting power.  Full Article

Motopia Ltd announces completion of acquisition of ConvertU2 Technologies Pty Ltd
Thursday, 30 Apr 2015 07:25pm EDT 

Motopia Ltd:Says acquisition of further 51 pct. of ConvertU2 Technologies Pty Ltd (CU2T) completing acquisition of 100 pct. of CU2T by Motopia.Acquired initial 49 pct. of CU2T in May 2014.CU2T is an Australian based company in automated conversion and migration of Microsoft Access Applications & Databases to Microsoft SQL Server.Says that it will pay initial consideration of $75,000 for acquisition of the remaining 51 pct. of CU2T.In addition, and subject to the achievement of a performance milestone, the company will pay further $175,000 of performance based cash consideration and issue Motopia shares to the value of about $890,000.  Full Article

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