Migme Limited on capital raising drive


(MENAFN- ProactiveInvestors)

Digital media company Migme Limited (ASX:MIG) is heading to market with a capital raising.

Earlier in the month the company entered into e-commerce with acquisition of online entertainment shopping site Sold.sg.

The terms of the acquisition of Sold.sg are commercial in confidence and
were for a nominal mixture of cash and shares.

The Australian Stock Exchange has granted the company a trading halt with its shares placed in pre-open.

The halt will last until the opening of trade on Friday 30th January 2015 or earlier if an announcement is made to the market.

 

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