March 12 (Reuters) - 5G Networks Ltd 5GN.AX :
* TO ACQUIRE ASIA PACIFIC TELECOMMUNICATIONS GROUP FOR $6 MILLION
* ANNOUNCES CAPITAL RAISING OF ABOUT $3.5 MILLION VIA PLACEMENT OF ABOUT 5.85 MILLION NEW SHARES AT $0.60 PER SHARE TO SHAREHOLDERS
March 12 (Reuters) - 5G Networks Ltd 5GN.AX :
* TO ACQUIRE ASIA PACIFIC TELECOMMUNICATIONS GROUP FOR $6 MILLION
* ANNOUNCES CAPITAL RAISING OF ABOUT $3.5 MILLION VIA PLACEMENT OF ABOUT 5.85 MILLION NEW SHARES AT $0.60 PER SHARE TO SHAREHOLDERS