Complii Fintech Solutions Ltd (AU:CF1) has released an update.
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Complii Fintech Solutions Ltd is set to sell its Registry Direct business to its founder in a deal aimed at refocusing the firm on its core market. The $3.85 million transaction, subject to shareholder approval, is expected to conclude by September 30, 2024, and will see the company retain a service relationship with Registry Direct. This strategic move is designed to consolidate Complii’s position in the Australian equity capital markets and streamline its product and customer service offerings.
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