this bits interesting, and I have just started to read it.
New company Solathera Ltd and a loan of $9m+.
Note 22. Related party transactions
a) Key management personnel Disclosures relating to key management personnel are set out in Note 23.
b) Wholly owned group The wholly owned group consists of Solagran Limited, its wholly owned controlled entity Solathera Limited and the 85% owned Siberian Company SiBex Limited.
Transactions between Solagran Limited and Solathera Limited during the years ended 30 June 2008 and 30 June 2007 consisted of loans advanced by Solagran Limited. There is no fixed term for repayment of the loans advanced by Solagran Limited and there is no interest payable on the loans advanced.
Aggregate amounts receivable from Solathera Limited at balance date:
Non current receivables (loans) 2008 $9,632,264.
SLA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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(20min delay)