Sofcom to acquire production company

Sofcom to acquire production company

Suspended former software company Sofcom (ASX:SOF) has revealed it will make its latest attempt at a takeover, this time for film and television production company Whip Cracking Productions.

The company, which has been acting as a shell since 2003, has revealed it has appointed three new directors to its board while it finalises negotiations for the deal.

The directors are Antonio D'Anna, John Sitkie and Manny Stamatopoulos. Whip Cracking Productions develops content for the tourism and hospitality sectors.

Sofcom abandoned its next most recent attempt at an acquisition, a reverse takeover bid for electronic tracking and monitoring company Bluechiip Technologies, in December.

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Tags mediaSofcomWhip Cracking ProductionsAntonio D'AnnaASX:SOFManny StamatopoulosJohn Sitkie

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