Alt-X listed Muvoni Technology expects to deliver a\u00a0headline loss per share of approximately 0.39 cents for the six months ended February 2013, compared to the headline earnings of 0.68\u00a0cents per share in 2012.<\/p>\n
Muvoni is set to de-list from the local exchange after it announced last month that it had received a firm intention from Horizon Investments & Financial Services to acquire all the issued shares in the IT group.<\/p>\n
Muvoni Technology specialises in services that include, amongst others, criminal background checks, pre-employment screening, automated fingerprint identification systems and biometric solutions.<\/p>\n
The offer price is 20 cents per scheme share and\u00a0represents a 55% premium to the 9 cents closing price of a Muvoni share on Friday (12 April 2013).<\/p>\n
On Monday (20 May),\u00a0Muvoni\u00a0advised that the basic loss per share will\u00a0be approximately 0.39 cents compared to earnings\u00a0of 2.74 cents per share for the six months ended\u00a0February 2012.<\/p>\n
Muvoni to be sold, delisted from Alt-X<\/strong><\/a><\/p>\n Muvoni boosted by Ideco sale<\/strong><\/a><\/p>\n Muvoni and African Bank in ID fraud partnership<\/strong><\/a><\/p>\n Muvoni points to turnaround<\/strong><\/a><\/p>\n Muvoni acquires criminal checking software<\/strong><\/a><\/p>\n