Shareholders also approved the change of company name to Opus Group Limited, and elected Bill Mackarell, Richard Celarc, Bret Jackson, Matthew McGrath, and James Sclater as directors.

Mackarell, who will become the chairman of the Opus Group, thanked the MPG shareholders for their approval of the deal.

He says, “The board believes there are significant synergies from the combined group. Opus Group’s three divisions; publishing, government and outdoor area are each leaders in their field, and the OPUS Group is very complementary to the existing MPG business.

“MPG stands to benefit significantly by being able to leverage Opus’ substantial network spanning the Asia Pacific region as well as the latest in Digital Asset Management, specifically electronic content and delivery.”

Completion of the acquisition is expected to occur on March 30, and an application has been made to the Australian Securities Exchange to list the new combined entity on the ASX, with the anticipated listing date April 10.

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