ComOps Limited (ASX:COM) just last week announced the acquisition of the Intellectual Property and operating business of e-Tivity.
The e‐Tivity business is focussed on Workforce Management Solutions in the Asia-Pacific, with blue chip clients including JB Hi‐Fi, Super Cheap Auto, Kmart, G8 Education, Starwood Group and Chandler & MacLeod.
ComOps are now undertaking a placement to sophisticated and professional investors.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
The halt will remain in place until the opening of trade on Wednesday 10th September 2014, or earlier if an announcement is made to the market.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.