ATC 4.17% 5.0¢ altech batteries ltd

Ann: Altech - Altech Advanced Materials AG Right Offer Result, page-14

  1. 2,045 Posts.
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    Was involved @ the beginning & was fortunate enough to not get stuck. Always thought that plant should be built in Aus, sure @ greater cost, however, Malaysian Gov't appears to be continually moving the goalposts. ie: 30 yrs lease on land in Japur payable in advance, don't know if it was applied, could be wrong, just an example of how difficult it can be over there for our companies. Should have been selling finished product at least 2yrs ago imo. I do know ATC has battled hard & I wish co & all shareholders all the best
 
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