BRIEF-Transgaming proposes change of business to real estate financing co

Mon May 9, 2016 9:56am EDT
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May 9 (Reuters) - Transgaming Inc :

* Transgaming proposes change of business to a real estate financing company

* Proposed cob will be preceded by a 35:1 consolidation of company's issued and outstanding common shares

* Entered into a non-binding term sheet with plazacorp holdings limited dated april 18, 2016

* Company intends to change its name to "findev inc." or such other name as board of directors may determine is appropriate Source text for Eikon: Further company coverage: