Business
Completion of sale of Deal Gr
Completion of sale of Deal Gr.
About this update from Caledonian Holdings Plc.
[{"type":"text","content":"\n RNS Number : 9400U Asia Digital Holdings PLC 25 October 2010 \n \n\n \n\n\n\n\n Press Release\n\n\n 25 October 2010\n\n\n\n\n \n \nAsia Digital Holdings plc\n(\"Asia Digital\" or \"the Group\")\n \nCompletion of sale of Deal Group Media Pty Limited\n \n \nAsia Digital Holdings plc (AIM:ADH), an independent online marketing group, announces that it has completed the sale of the entire issued share capital of its Australian business, Deal Group Media Pty Limited, along with all intellectual property required to run the operation in Australia and New Zealand, to Digital Performance Group Ltd, an Australian Stock Exchange listed holding company formerly known as ComTel Corporation. \n \nAsia Digital has received the gross initial sum of AU$2.1 million and anticipates receiving the second purchase price instalment of between AU$1.4 million and AU$1.9 million within one month, leaving a final instalment of up to AU$1.0 million expected to be paid in November 2011.\n \n- Ends -\n \nFor further information, please contact:\n\n\n\n\nAsia Digital Holdings plc\n\n\n \n\n\n\n\nAdrian Moss, Chief Executive\n\n\nTel: 00 65 6508 9202\n\n\n\n\nwww.adhplc.asia\n\n\n \n\n\n\n\n \n\n\n\n\nAstaire Securities Plc\n\n\n\n\n\n\n\nGavin Burnell / Rod Venables\n\n\nTel: +44 (0) 20 7448 4400\n\n\n\n\nKatie Shelton (Corporate Broking)\n\n\nwww.astairesecurities.co.uk\n\n\n\n\n \n\n\n\n\nAbchurch Communications\n\n\n\n\n\n\n\nHeather Salmond / Nick Probert\n\n\nTel: +44 (0) 20 7398 7715\n\n\n\n\[email protected]\n\n\nwww.abchurch-group.com\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISKELBLBBFZFBB \n ","length":5061,"tagName":"div"}]