AVA Risk Group Limited (ASX:AVA) proposed to acquire remaining 9.32% stake in MaxSec Group Limited (ASX:MSP) from a group of sellers for AUD 1.3 million on October 4, 2018. AVA Risk Group offered AUD 0.03 per share for 42.09 million shares of MaxSec. On October 16, 2018, the shares of MaxSec Group Limited are suspended. As per the update on November 9, 2018, the objection period has now ended and AVA Risk Group Limited will now look to complete the compulsory acquisition process in accordance with the previously advised timetable as shareholders of remaining stake have not objected to the acquisition. BDO Corporate Finance (East Coast) Pty Ltd acted as independent expert for AVA Risk with a fee of AUD 0.03 million.