Ann: ASSET: RAK: Equity Transfer Agreement - Sett

  1. lightbulb Created with Sketch. 2
    • Release Date: 30/09/13 11:52
    • Summary: ASSET: RAK: Equity Transfer Agreement - Settlement & Completion
    • Price Sensitive: No
    • Download Document  992B
    					RAK
    30/09/2013 08:52
    ASSET
    
    REL: 0852 HRS Rakon Limited
    
    ASSET: RAK: Equity Transfer Agreement - Settlement & Completion
    
    30 SEPTEMBER 2013 (RAK)
    
    RAKON & ECEC EQUITY TRANSFER AGREEMENT - SETTLEMENT & COMPLETION
    
    Further to Rakon Limited's (NZX:RAK) announcement on 13 August 2013 in
    relation to the ECEC Equity Transfer Agreement, Rakon advises that settlement
    & completion is now expected to take place during October 2013.
    
    The previously expected completion date of 30 September 2013 relied on the
    timely processing of approvals through a number of Chinese regulatory
    authorities. The delay is simply a result of moving timelines associated with
    a number of agencies approving a transaction in China, rather than any
    specific approval issue or change in commitment from either of the parties.
    Rakon will advise on the completion outcome during October.
    
    -ends-
    
    Contact:
    Brent Robinson
    Rakon (09) 571 9323
    www.rakon.com
    End CA:00241753 For:RAK    Type:ASSET      Time:2013-09-30 08:52:39
    				
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
81.0¢
Change
0.030(3.85%)
Mkt cap ! n/a
Open High Low Value Volume
77.0¢ 81.0¢ 77.0¢ $89.29K 113.8K

Buyers (Bids)

No. Vol. Price($)
0 1729 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.0¢ 1597 0
Last trade - 13.00pm 08/08/2025 (20 minute delay) ?
RAK (NZSX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.