TFL 0.00% 1.4¢ tasfoods limited

Hi Wira. For the previous deal, the MoC approval had not been...

  1. afd
    2,101 Posts.
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    Hi Wira.

    For the previous deal, the MoC approval had not been announced / given. So the finalisation of that sale was not close.

    If we accept that this is the case and that the key appraovl and depsoit of money means that the sale is imminent, then it is not unreasonable for the comapny to sound out it largest shareholder(s) about future strategies.

    This apparent end of the sale cycle together with a probable sounding out by the company would most likely prompt a susbstantial holder to review matters, including the 'paperwork'.

    Cheers
 
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