ITG - Intega Group

[System]

Following the Demerger from Cardno Limited (CDD), Intega will own and operate the Quality, Testing and Measurement Business that provides construction materials testing, subsurface utility engineering services, owners' representative services, associated environmental testing, geotechnical engineering and quality assurance.

This business has invested in proprietary software to support efficient and verifiable quality, testing and management, and to enable it to become a significant provider of these services in Australia, Texas and the broader United States.

It is anticipated that ITG will list on the ASX during October 2019.

https://intega.net

 

[greggles]

No discussion about ITG since it listed a couple of year ago, but I noticed today that it is getting taken over by Kiwa N.V. at 90c a share. The ITG board has unanimously recommended the takeover to the company's shareholders.

All in all it looks like a decent deal for shareholders as ITG listed at 50c and has never managed to trade over 60c since then. A very good return for what has been essentially a two year investment.

 

[System]

On December 20th, 2021, Intega Group Limited (ITG) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between ITG and its shareholders in connection with the acquisition of all the issued capital in ITG by Kiwa Australia 2 Pty Ltd
.