Bisan Limited (ASX: BSN) is in pre-open today following the ASX granting the company a trading, pending details of a proposed investment and capital raising.
Recently Bisan has been conducting due diligence investigations on an ASIC licensed corporate advisory and securities trading company which holds an Australian Financial Services Licence.
Bisan is looking to acquire 100% of the share capital in the trading company.
The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Friday 9th August 2013.
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