Comdek

In what is its final step in transforming itself into a fully fledged resource company, former satellite communications stock Comdek Ltd has proposed a name change and a $12 million share placement.

Shares in Subiaco-based companies Comdek Ltd and Kairiki Energy Ltd have been placed in a trading halt.

Former satelite communications provider Comdek Ltd is expanding its coal interests into Tasmania with the acquisition of Energy Investments Ltd for $4.27 million.

West Perth-based satellite communications company Comdek Ltd has closed its recapitalisation fund raising fully subscribed, and was up 20 per cent in early trade after re-commencing official quotation this morning.

Comdek Ltd Annual Gen-eral Meeting to be held at 673 Murray Street, West Perth, on November 30 at 10.00am.

Lodged reponse to ASX query.

Listed satellite and computer technology firm Comdek is set to complete its second acquisition since listing in October last year.

LISTED satellite and computer technology firm Comdek is looking to capitalise on the corporate data reticulation market through strategic acquisitions and by growing its satellite business.

WESTERN Australian IT veteran Comdek is seeking to raise $4 million through an Australian Stock Exchange listing, with the funds proposed for the extension of its satellite communications business. Comdek, which is best known for the provision of hardwar