Oct 19 (Reuters) - Konekt Ltd KKT.AX :
* Konekt further expands regional NSW presence KKT.AX
* Says proposed acquisition of 100% of the business of insight services group with operations in regional NSW
* Says small EPS dilution in FY 2016 expected due to up front transaction costs being expensed
* Says funded from existing cash reserves
* Says insight is anticipated to contribute revenues of $1.7 million to Konekt in FY 2016
* "Acquisition will be EPS accretive in FY 2017 and marginally EPS dilutive in FY 2016"
* "Three acquisitions are expected to contribute additional revenues of more than $4.5 million to Konekt in FY 2016"
* Source text for Eikon ID:nASXklBKp