re: skg - sony wi-fi ???? - chipperbill Hi chipperbill ... Any thoughts on this post from Kathy, over on S/S:
kathy
Posted: Sunday 04/09/05 12:10pm
http://wps.com.au/news.html?newskey=1345
SkyNetGlobal shares in trading halt
02 Sep 2005
SkyNetGlobal (ASX: SKG) today requested a trading halt in the company's shares until 10 am Tuesday September 6 pending a significant corporate transaction.
Further to the Australian announcement the company has requested its shares also be suspended from trading on AIM, which is operated by the London Stock Exchange (AIM: SKN) with immediate effect because under AIM Rules the move is classified as a reverse takeover and would require shareholders approval.
The company said a further announcement detailing the transaction will be made in due course.
SkyNetGlobal is headquartered in Sydney and listed since 2000 on the Australian Stock Exchange and since February this year on AIM.
SkyNetGlobal is a provider of wireless broadband and home lifestyle solutions. SkyNetGlobal's residential communications business, W Home, provides broadband communications to apartment buildings, usually with wireless or powerline delivery.
SkyNetGlobal also provides home lifestyle and security products through retail channels and provisions wireless broadband services to subscribers worldwide via public hotspots.
Its digital software, W Home ShowShifter, is said by the company to have 1 million users worldwide.
On February 28 this year SkyNetGlobal announced that its revenues from customer sales increased 330 percent, to $2,277,000 for the half year ending December 31, 2004, against $530,000 in revenues for the same period the year before.
http://www.skynetglobal.com/
(Thanks Kathy)
:)
LC
SKG
skynetglobal limited
