News: ARC Arc Funds Entered Binding Agreement To Acquire 25% Of Issued Share Capital Of Magnum...

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    Nov 3 (Reuters) - Arc Funds Ltd (ARC) :

    • ENTERED BINDING AGREEMENT TO ACQUIRE 25% OF ISSUED SHARE CAPITAL OF MAGNUM FUNDS MANAGEMENT
    • MAGNUM FIXED INCOME FUND IS INTENDED TO BE ESTABLISHED AND LISTED ON CHI-X EXCHANGE IN EARLY CY22
    • MAGNUM HOLDINGS WILL BE RESPONSIBLE FOR FUNDING COSTS OF INVESTMENT TEAM UP UNTIL MAGNUM FIXED INCOME FUND SURPASSES A$32.5M OF FUM
    • COMMITTED TO INVESTING MINIMUM OF A$200,000 TO BE UTILISED FOR DISTRIBUTION & MARKETING FOR MAGNUM FIXED INCOME FUND OVER NEXT 2 YEARS
 
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Last
9.9¢
Change
0.000(0.00%)
Mkt cap ! $5.648M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

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No. Vol. Price($)
1 33044 7.5¢
 

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Price($) Vol. No.
9.9¢ 17000 1
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Last trade - 16.21pm 22/08/2025 (20 minute delay) ?
ARC (ASX) Chart
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