First Growth Funds Limited
(ASX:FGF) has announced it has entered into a binding terms sheet to acquire 100 per cent of Public Democracy Pty Ltd.
Public Democracy has developed a scalable platform which produces a report on every participant’s engagement in any location across the net.
The company has been in discussions with several groups to provide policy trialling and voter satisfaction polls with political organisations both domestic and international.
The Australian-based listed investment company says the acquisition will facilitate Public Democracy’s listing and will add value for FGF shareholders.
First Growth Funds reported a net loss of $182,000 at 30 June.
