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Intiger Group Ltd

Resource Star to divulge details on cloud acquisition

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Resource Star (ASX:RSL) recently positioned itself to dial into the cloud-sector, with the company having an exclusive option to acquire 100% of the issued shares of Cloud Lands Digital Fortress Pty Ltd.

Cloud Lands’ business model is to aggregate Tier 2 enterprise and SME customers and provide cloud services.

RSL has now been granted a trading halt by the ASX pending an announcement on the acquisition, with the company's shares placed in pre-open.

The halt will remain in place until the opening of trade on Thursday 16th October 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.

Quick facts: Intiger Group Ltd

Price: $0.00

Market: ASX
Market Cap: $1.68 m
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