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More talks for Huge

Kimberly Guest
By Kimberly Guest, ITWeb contributor
Johannesburg, 11 Mar 2008

AltX-listed Huge Group has entered into negotiations, not related to its discussions with iTalk Cellular.

The company yesterday advised shareholders that it was issuing an additional cautionary as a result of the new negotiations.

Huge has been trading under cautionary since mid-December 2007. However, this was related to its acquisition of 59% of the ordinary shares in iTalk Cellular. The company is expected to release further information on this acquisition "shortly".

The company completed its R80 million acquisition of Centracell last month.

Related stories:
Huge completes Centracell purchase
Huge Group lists on AltX
TelePassport goes it alone
Huge Group aims to get bigger

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