MAI 0.00% $1.97 mainstream group holdings limited

News: MAI MainstreamBPO signs five year unit registry outsourcing contract

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    Feb 26 (Reuters) - MainstreamBPO Ltd (MAI) :

    • Material contract
    • Fundbpo signs five year unit registry outsourcing contract
    • Five year contract for expected minimum of $7.5 million in new revenue over the period
    • Anticipated that funds will begin transitioning to fundbpo from April 2016, with completion expected by October 2016
    • Contract to provide unit registry services for approximately $25 billion in funds under administration to major financial services provider
 
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