Proposed code: MAA
Issue price: $0.50
Principal activities: Development and sale of diagnostic and therapeutic health care products.
Corporate: Josef Plattner (chairman/CEO); Giulio Cimetta (non executive director); Christopher Seels (non executive director); and Lloyd Halvorson (company secretary).
(08) 9450 7411
Medec has raised more than $2 million from its offer that closed on August 29. It had been aiming for $3.5 million. It is waiting to complete ASX formalities and expects to list in two weeks time.
Sponsoring broker is State One Stockbroking Ltd.
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