Australia's Connected IO rises on completing unit sale
10/01/2022 02:49
** Shares of the cloud-based software co CIO.AX rise as
much as 2.1% to A$0.049, on track for their sharpest single-day
pct jump since Dec. 31
** Co says it completed the sale of its main business
undertaking CIO Technology Inc urn:newsml:reuters.com:*:nASX1Klm9R
** Adds co executed a revenue generating contract to supply
consultancy services and potential hardware to an ASX-listed co
** Stock rose 2.1% in 2021
(Reporting by Roushni Nair in Bengluru)
((Roushni.Nair@thomsonreuters.com;))