re: Ann: Completion of Due Diligence and Noti...
Sweet deal. Look like there's been a renegotiation with baayan. ?That, subject to the passing of Resolution 1, for the purpose of Section 611 (Item 7) of the Corporations Act and for all other purposes, approval be given for PT Bayan Resources TBK to acquire a relevant interest in voting Shares in the Company through the issue of 1,925,000 Shares to PT Bayan Resources TBK and as a result for PT Bayan Resources TBK and its Associates to acquire a voting power in the Company to up to 56.05% on the terms and conditions set out in the Explanatory Statement accompanying this Notice.?
We've knocked 'em down from 1.9 billion to 1.9 million for Pakar. ;-)
KRL Price at posting:
14.5¢ Sentiment: None Disclosure: Held