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ORCODA LIMITED — Capital/Financing Update 2014
Oct 27, 2014
65482_rns_2014-10-27_57c16a3e-b664-4f27-a978-271db1061d0d.pdf
Capital/Financing Update
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TRADING HALT
Pursuant to Listing Rule 17.1, the Company requests a trading halt pending an announcement being made in respect of a capital raising. We expect to make a release to the ASX before opening of trade on Thursday 30 October 2014.
The Company requests a trading halt effective prior to the opening of trade on 28 October 2014 until the earlier of an announcement being made to the market in respect of a capital raising or the opening of trade on Thursday 30 October 2014.
The Company is not aware of any reason why the trading halt should not be granted.
-‐ENDS-‐
Further information please contact: Bryan Carr Managing Director AUST: +61 412 111 968 CHINA: +86 138 1188 8401
Media inquiries to: Ben Jarvis, Six Degrees Investor Relations: +61 413 150 448
**About
SmartTrans**
SmartTrans Holdings Limited (ASX: SMA) is a leading Australian technology and software provider that has developed a mobile and online billing and payment platform for the China market. The company has agreements in place with China Mobile, CMPay, UnionPay and Alipay. With the growing use of the smartphone as a billing device in China, the company is experiencing significant uptake of its technology in that market. SmartTrans has also developed cutting-‐edge proprietary logistics software which is used by some of Australia’s leading blue-‐chip organisations who have long term contracts in place with the company. SmartTrans is assessing growth opportunities for its logistic offering in China to complement its mobile and online payments platform.
Melbourne Sydney Beijing Level 1 Suite 37 101, Building 22, 10 Queens Road 401 Pacific Highway Courtyard 4 Gongti Bei Lu