Brief: Ovanti Updates On Proposed Sale Of Ovanti's 21% Stake In IDSB
Nov 13 (Reuters) - Ovanti Ltd OVT.AX :
* OVANTI LTD-UPDATE ON PROPOSED SALE OF OVANTI'S 21% STAKE
IN IDSB
* RECEIVED FORMAL RESPONSE & ACCEPTANCE FROM I.DESTINASI.SDN
BHD.
FOR THE SALE OF THE CO'S 21% STAKE IN THE BUSINESS
* TRANSACTION WILL NOW INVOLVE IDBS BUYING BACK COMPANY'S
SHARES
FOR 40 MILLION RGT
Further company coverage: OVT.AX
((Reuters.Briefs@thomsonreuters.com;))
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