Anittel Group (ASX:AYG) is preparing to divulge details of a further proposed sale of company assets.
The Australian Stock Exchange has granted the company a trading halt to prepare, with its shares placed in pre-open.
The company has continued to rationalise its operating costs since divesting its communications business unit to BigAir (ASX:BGL) in January 2014.
Furthermore, Anittel continues to grow its HCS cloud business unit, which to date has resulted in more than 8,000 billable end point services deployed.
AYG held $1.4 million in cash at the end of September 2014.
The halt will remain in place until the opening of trade on Wednesday 5th November 2014, or earlier if an announcement is made to the market.
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