Wealthcraft Capital Inc (WCCP)

[pennylover]

WCSY:never seen NEWS?.005-Target=$1.59.?
Praemium, will acquire Wealthcraft Systems Inc.

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synopsis: Praemium Ltd announced that it has entered into an agreement with WealthCraft Systems Inc. to acquire its fully owned subsidiary, WealthCraft Systems Limited. WealthCraft has consistently provided effective and innovative software solutions to financial institutions regionally, and created highly efficient advice-driven wealth management services.


buyer: Praemium
Preaemium is a specialist in the provision of portfolio administration services. Using leading edge technology to deliver cost-effective investment administration services, Præmium provides services to some of Australia’s leading financial institutions.
target: Wealthcraft Systems Inc.(WCSY:$1.59)
WealthCraft is an information technology company that designs and supports a technology platform for wealth management services for financial institutions, including investment advisory firms, securities brokerage firms, retail and private banks, mutual fund companies and insurance companies.

http://mandasoft.com/segmentview.aspx?ViewModes=1&AcquisitionID=32422&title=praemium__will_acquire_wealthcraft_systems_limited&Paging=128747_16_1

http://www.reuters.com/finance/stocks/WCSY.PK/key-developments/article/2608550