AI assistant
ORCODA LIMITED — Capital/Financing Update 2014
Sep 14, 2014
65482_rns_2014-09-14_ace97064-fb7b-4e91-8da8-cf72a9df2842.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [273 x 44] intentionally omitted <==
SmartTrans appoints BBY as corporate advisor
-
SMA appoints leading broker BBY Limited to broaden market awareness of Company’s operations
-
BBY to assist with strategy enabling SMA to leverage maximum value from offerings
15 September 2014: Mobile/online payments platform and logistics software provider SmartTrans Holdings Limited (ASX: SMA) (‘SmartTrans’ ‘the Company’) is pleased to confirm that it has appointed leading independent Australian Stockbroker BBY Limited (‘BBY’) as corporate advisor to broaden market awareness of the Company and its operations.
BBY Limited is a leading independent Australian Stockbroker. BBY delivers a board range of strategic corporate services focusing on growth-driven Australian, New Zealand and Chinese companies. BBY has raised over $2.4 billion worth of capital in the past 5 years and has ASX turnover of A$2.4 billion per month with offices in Australia, Asia, New Zealand, Europe and New York.
SmartTrans is confident that through this appointment BBY can strategically assist the Company with partnerships and agreements to unlock maximum value from its proprietary technologies, primarily its online and mobile billing platform in China.
The Company also considers that there are considerable synergies and benefits with this appointment, as BBY is largely focused on delivering a broad range of strategic corporate services to growth‐driven Australian and Chinese companies, and has been highly successful in this regard.
SmartTrans’ Managing Director Mr Bryan Carr stated: “The appointment of BBY as corporate advisor is an important step as the Company progresses to the next level of maturity and we now seek to maximise the benefit of our first mover advantage and unrivalled reach in the China market.”
“BBY has a broad network of investors in Australia, Asia and other international markets. Through this partnership we will communicate SmartTrans’ investment attractions to a wider pool of investors.”
| -ENDS-Further information please contact: | -ENDS-Further information please contact: | |
|---|---|---|
| Bryan CarrManaging DirectorAUST: +61 412 111 968CHINA: +86 138 1188 8401 | Adam BlumenthalDirector, Corporate Finance, BBY+61 2 9226 0084+614 05 111 100 | |
| 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.
Beijing Melbourne Sydney P erth 6th Floor, West Tower, Level 1 G.05 Suite 3, Level 1 Prosper Center 10 Queens Road 55 Miller St 614 Newcastle Street 5 Guanghua Road MELBOURNE PYRMONT LEEDERVILLE BEIJING CBD, 100022 VIC 3004 NSW 2009 WA 6007 Ph: +86 (010) 8573 1101 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199