TAW 0.00% 31.0¢ tawana resources nl

Ann: Merger Update - Scheme Booklet registered with ASIC, page-4

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  1. 275 Posts.
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    This is an absolute beauty!

    If you look on AMAL's books, I own 362081 shares.

    Here's the rub. They are in scrip form. They have become lost!

    I went to Singapore, to Boardroom Services to enquire after them and was given a convoluted course of action, to follow, which I found unsatisfactory.

    AMAL's official story is that they were posted to me and hence are officially missing.

    Furthermore, even if I was successful in obtaining them, I cannot sell them or move them on, unless I open a bank account in Singapore, an account in CPB and only then, can I convert them into scripless shares.

    Wow.

    As a foreigner, I cannot open a bank account in Singapore, unless there is minimum balance of $250 000 AND undergo rigorous financial scrutiny. Apparently Singapore is a haven for money laundering.

    So here's my question:

    If I just sit back and wait, will the shares fall into my lap, or will they dissolve into the abyss, on the SGX?

    Thanks.
 
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