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ICO Group (01460) to buy stake in IT infrastructure business
ICO Group (01460) said it agreed to acquire the entire issued shares of Absolute Robust
Limited at HK$66 million.
  The target has no material assets or business activities other than the holding of 15%
legal and beneficial interest in INAX Technology Limited. INAX is a limited company
incorporated in Hong Kong on 22 March 2005 and is principally engaged in IT infrastructure
business with a focus on IT & telecommunication infrastructures and data centre industry.
  The ICO Group believes that if it could secure market entry into the data centre
business, a significant growth engine could be added to its service portfolio.

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