Viraf Savak Kapadia, CEO, Director and 10% Holder, acquired 3,750,000 Common Shares on a direct ownership basis at a price of $0.080 through a prospectus or prospectus exempt offering on August 8th, 2017. This represents a $300,000 investment into the company's shares and an account share holdings change of 46.2%.
On the same terms, Gustasp Feroze Nariman, a Director, acquired 950,000 Common Shares on a direct ownership basis. This represents a $76,000 investment into the company's shares and an account share holdings change of 45.0%.
Star Navigation Sys Grp is in the Aerospace & Defense Sub Industry Group under the Industrials Sector.
Star Navigation Systems Group Ltd provides aerospace and transportation solutions, including hardware and software platforms that assist aviation and other transport-related operators. The Company offers STAR-ISMS In-Flight Safety Monitoring System, an aircraft computer that is part of the STAR airborne data service (STAR-A.D.S.). STAR-ISMS In-Flight Safety Monitoring System combines in-flight data monitoring, diagnostics and data analysis with real-time secure connections between aircraft and ground, using real-time satellite transmission. The STAR-A.D.S. system provides real-time monitoring, data analysis, aircraft health and flight operation status, and real-time position (tracking) information. Its STAR-M.M.I. division (Man Machine Interface) designs, manufactures, repairs, performs qualification tests and supports on-board liquid-crystal-display flat screen displays that are used in aerospace cockpits of fixed wing aircraft and helicopters for civilian and military applications.
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