Aug 8 (Reuters) - QMS Media Ltd (QMS) :
- ANNOUNCES INVESTMENT IN PLACE CAPITAL
- QMS IS PROPOSING TO VEND TO FUND ITS INTERESTS IN ITS DIGITAL TECHNOLOGY INVESTMENTS IN SPORTSMATE, GOMEEKI AND RPPLE
- SALE OF TECHNOLOGY INTERESTS TO FUND WILL REALISE MORE THAN $8 MILLION IN CASH AND A HOLDING IN FUND OF ABOUT 20%
- DAVID EDMONDS, QMS EXECUTIVE DIRECTOR, WILL JOIN BOARD OF PLACE CAPITAL
