Dear Sir
Union Capital Limited advises that it's current equity position in Identikey International Pte Ltd has increased to 30% consequent upon payment of a further $750,000 of share subscription monies.
Union Capital Limited has an option to increase its equity in Identikey to 45%, which can be terminated by Identikey if the funds are not required.
Union announced last Friday that it has signed a Heads of Agreement with Identikey to take Identikey to a public offering on the Australian Stock Exchange.
Yours faithfully
UNION CAPITAL LIMITED
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EDTOM
Union Capital Limited advises that it's current equity position in Identikey International Pte Ltd has increased to 30% consequent upon payment of a further $750,000 of share subscription monies.
Union Capital Limited has an option to increase its equity in Identikey to 45%, which can be terminated by Identikey if the funds are not required.
Union announced last Friday that it has signed a Heads of Agreement with Identikey to take Identikey to a public offering on the Australian Stock Exchange.
Yours faithfully
UNION CAPITAL LIMITED
---
EDTOM
