Raya Group Ltd (ASX:RYG) is pleased to announce that Xped Holdings Limited (Xped) and the University of South Australia (UniSA) are working together to build an energy monitoring system that will encompass the "revolutionary" and "patented" ADRC (Auto Discovery Remote Control) IOT technology developed by Xped.
In recognition of the support from the shareholders of the Company, Raya (ASX:RYG) wishes to advise that it intends to undertake a bonus issue of options ("Bonus Options") to all eligible shareholders, with the record date to coincide with the shareholder meeting to approve the Xped transaction, anticipated to be mid to late February 2016.
Raya Group Limited (ASX:RYG) (Raya) is pleased to announce it has appointed leading Sydney based investment bank KTM Capital Pty Ltd (KTM) as lead manager to raise up to $6.8m for the proposed Prospectus Offering (Offering).
Raya Group Limited (ASX:RYG) (Raya) is pleased to release the attached Xped Investor Presentation, which has been updated and is in the form for the investor roadshow beginning this week.
Raya Group Ltd (ASX:RYG) is pleased to announce that Xped Holdings Limited has been awarded a key patent in China for its technology that can create and transfer eCoupons using its unique "tap-to-connect" Internet-of-Things (IoT) solution.
Raya Group Limited (ASX:RYG) is delighted to advise that Raya and the Xped Vendors have formally and satisfactorily completed their Due Diligence, and Raya will now proceed forward in acquiring 100% of the shares in Xped.
Raya Group Ltd (ASX:RYG) wishes to advise it has finalised its R and D Tax rebate for the year ended 30 June 2015.
