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News: Stanfield Funds has acquisition on the cards

  1. Proactive
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    21/07/15
    10:12
    Post #: 15666206

    Stanfield Funds (ASX:SFN) has been granted a trading halt by the ASX this morning pending details of an acquisition.

    The company recently completed a recapitalisation and board restructure, and is now focussed on investing directly in the Asian technology and service industries.

    In May this year, Stanfield revealed an initial investment in Sprooki Pte Ltd, a B2B location-based mobile engagement platform.

    The halt will remain in place until the opening of trade on Thursday 23rd July 2015, or earlier if an announcement is made to the market.

     

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