SYDNEY, AUSTRALIA: As previously announced on 11 May 2022, InvestSMART entered into an agreement to dispose of its entire shareholding in AWI Ventures Pty Ltd to Marbruck Investment Limited, a venture capital firm.
InvestSMART announced that it has on 13 May 2022 completed the disposal of its entire shareholding interest in AWI Ventures Pty Ltd, and received $3.2 million from Marbruck Investments Limited. As noted previously, this will result in a realised gain of $155,000 above the carrying valuation at 31 December 2021.
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