Bizzbuild seeks corporate deal

BIZZBUILD, an AIM-listed cash shell company, said it was actively seeking a suitable investment, which might be a reverse merger, in another company so that value might be restored to shareholders' investments.

A number of opportunities were being considered, the company said. The company said full year losses were reduced to £4.7m from £12m, but almost all activities giving rise to this loss had either been sold or closed at or before 31 December, 2001.