Announced at 14:42 today (both DES & MPH managed to synchronise the annoucements this time!):
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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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Cheers.
DES Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held