DES 4.26% 9.0¢ desoto resources limited

payless sold

  1. 654 Posts.
    No announcement to market, so I guess the sale price is not material:

    The Payless Entertainment management team has bought the company back from Destra, which is offloading its various music divisions. The team is Mark Hurdis as CEO (9 years with Payless), Rick Forrest as Operations Manager (8 years), Anton Hughes IT & Production Manager (10), Ali Nagi as Financial Controller (4). The purchase is effective immediately, and all their ABN, bank and address details remain the same.

    Source:
    http://www.themusic.com.au/imm.php?s=christie
 
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