INNOVATIVE laser technology developer CustomVis plc has gone into administration, just six weeks after UK investors trying to rescue the group bought the assets of its failed Australian subsidiary from liquidators.
The Perth-based chairman and chief executive of London-listed technology company CustomVis have survived a board spill requisitioned by a group of shareholders and former directors.
THE Perth-based chairman and managing director of UK-listed CustomVis plc have been challenged by a group of shareholders who want to gain control of the technology company.
Perth-run company CustomVis plc has reported its third successive annual loss and launched a new capital raising, continuing the long and expensive journey to commercialise surgical laser technology developed in Western Australia.