MNF Group Ltd (ASX:MNF) Signs Term Sheet with Vonex
MNF Signs Term Sheet with VonexSydney, June 7, 2021 AEST (ABN Newswire) - MNF Group Limited (
ASX:MNF) (M2S.F) today announced that it has signed a conditional term sheet with Vonex Limited (
ASX:VN8) ( Vonex ) for the sale of part of its direct business ( Direct Business ), for $31 million. The term sheet is non-binding other than customary matters including exclusivity.
The sale is in-line with MNF s strategy to simplify the business, grow recurring revenues and focus on growing the MNF wholesale business, Symbio.
The Direct Businesses that form the sale agreement include those that provide cloud phone, mobile and internet services directly to small business and residential customers in Australia. These customers are predominantly served by the MyNetFone brand; however the brand is not part of the sale and MNF will retain the Enterprise and Government clients.
AdvanceTC Limited (NSX:A88) Investor Guide Update
NSX:A88) is pleased to advise that the Company has released an Investor s Guide with FAQ to better guide Investors with Questions that they may have on the Company. The Company shall set up the page on its website in the next few days and shall inform the market once it is ready to be accessed.
In the interim, below are some of the common questions raised and the Company s responses to it accordingly.
The Investor Guide and FAQ page on the website shall be updated constantly to keep our Investor up to date on the Company s progress.
AdvanceTC Limited (NSX:A88) DWAC/Fast Eligibility Approval from DTC
NSX:A88) is pleased to advise that the Company has received approval from The Depository Trust Company ( DTC ) of New York and is now DTC electronic (DWAC/FAST) eligible. With this approved stock transfer capability, AdvanceTC shareholders can transfer their shares of the Company electronically after buying or selling on the open market without the extra expense and delay resulting from the redundant process of requesting and transferring physical certificates.
AdvanceTC shareholders will benefit as a result of the DWAC/FAST approval as the time required for stock deposits and withdrawals into brokerage accounts reduces from weeks to days, eliminating the inherent risks and costs associated with the loss and replacement of physical stock certificates. An additional benefit is that companies which are approved for DWAC/FAST electronic transfers often experience higher liquidity in their stock given the ad
WiseTech Global Ltd (ASX:WTC) Notice of Founder/CEO Trading Program Recommencement
Notice of Founder/CEO Trading Program RecommencementSydney, April 20, 2021 AEST (ABN Newswire) - WiseTech Global Limited (
OTCMKTS:WTCHF) has released an Appendix 3Y, Change of Director s Interest Notice, for WiseTech Founder and Chief Executive Officer, Mr Richard White.
Mr White advises the share sales to which the Appendix 3Y relates, have been undertaken as part of a trading program which commenced on 12 April 2021 and will continue until 30 June 2021 (Trading Period), subject to no material, non-public information arising during this period (the Trading Program).
The Trading Program is similar to that implemented in late August 2020 (which ceased on 31 December 2020) but has lower limits on daily trade volumes, which are designed to further reduce market impact.