IWG iwebgate limited
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News: iWebGate Limited heads down capital raising drive

  1. Proactive
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    09/09/15
    12:41
    Post #: 15961819

    Technology company iWebGate Limited (ASX:IWG) is heading to market with a capital raising. The ASX has granted the company a trading halt to prepares.

    The company is well-positioned to address the growing need for cybersecurity solutions globally.

    This market is forecast to grow rapidly from US$75 billion in 2015 to US$170 billion by 2020, according to reports by Visiongain, and Markets and Markets.

    iWebGate holds several patents in IT security and network virtualisation.

    The halt will remain in place until the opening of trade on Friday 11th September 2015, or earlier if an announcement is made to the market.

     

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