Huge Group in acquisition talks with unnamed parties

Akij Group

Huge Group said it is in discussions with certain parties regarding potential strategic acquisitions.

The finalised acquisition will according to Huge Group constitute on an aggregated basis, a category 2 transaction.

The company said shareholders are advised to exercise caution when dealing in the Company’s securities until a further announcement is made.

Huge Group Limited began as a consolidation between corporate telecommunications giants TelePassport (Proprietary) Limited and Centracell (Proprietary) Limited in 2007, and has evolved into a formidable diversified telecommunications group.