Technology investor ST Synergy Ltd has vowed to continue supporting the commercial development of its subsidiary Panorama Labs Pty Ltd, after striking a deal to buy its assets for just $1.35 million.
Australian Securities Exchange-listed technology investor, ST Synergy Ltd, is looking to recover value from its investment in Panorama Labs Pty Ltd by buying the latter company's assets from its administrator.
Balcatta-based technology investment company ST Synergy Ltd will buy the remaining 49 per cent of its major asset, Panorama Labs Pty Ltd, from the administrators of the company.
Punters who bought into technology investment company, ST Synergy Ltd, during 2006 will be feeling more than a little disappointed after its stock was suspended and its major subsidiary went into administration.
ST Synergy Ltd Annual General Meeting to be held at the offices of Athans & Taylor Chartered Accountants, Suite 3, 17 Foley Street, Balcatta, Wed-nesday, 30 November 2005 at 4.00pm.
BALCATTA-based software company ST Synergy is on track for a successful expansion into the eastern states after last week joining forces with another local software company, Civilisation.
