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STW Communications Group Ltd Completes AUD 33 Million Placement


Tuesday, 30 Oct 2012 05:56pm EDT 

STW Communications Group Ltd announced that it has completed a AUD 33 million placement to qualified and sophisticated institutional investors (Placement) at a fixed price of AUD 0.97 (Placement Price) per new fully paid ordinary share in STW (New Share). The Company has issued 34,020,619 new ordinary shares. STW will use the funds raised under the Placement to fund the acquisition of four companies, with the remainder of the net proceeds to be used for other acquisitions being evaluated and/or for general corporate purposes. 

Latest Developments for STW Communications Group Ltd

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