DES destra corporation limited

destra and magna announcement

  1. TTH
    1,252 Posts.
    Announced at 14:42 today (both DES & MPH managed to synchronise the annoucements this time!):


    destra Acquires 19.9% of Magna Pacific

    13 July, 2007; Destra Corporation Limited (ASX:DES), Australia’s leading independent
    digital media company, today announced that it has acquired 19.9% of Magna Pacific
    (Holdings) Ltd (ASX:MPH) at an average price of $0.5482c.
    Destra does not propose to vote the shares acquired today at the Scheme of
    Arrangement meeting scheduled for Monday, July 30, 2007.


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