Sealegs' Sole Focus On Boats
30 July 2004
30 July 04
Sealegs' Sole Focus On Boats
Listed marine company, Sealegs Corporation Limited (NZX:SLG), has today announced that it has entered into an agreement to sell its minority stake in Deep Video Imaging Limited, for a total consideration of NZ$1,025,000 to K1W1, an investment arm of Tindall Family interests.
The disposal of this last remaining non-core asset completes the re-organisation of Sealegs Corporation and means that it will be totally focussed on the further development, production and marketing of its amphibious boats.
