TAW tawana resources nl

Ann: Merger Update - Scheme Booklet registered with ASIC, page-2

  1. 19,367 Posts.
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    Looks like still some legal issues going on

    "
    Tawana notes today’s announcement by AMAL regarding the recent receipt of letters from lawyers representing Mr Tjandra Pramoko and Ms Suen Sze Man, previously the chief executive officer and executive director of AMAL respectively, requesting, among other things, confirmation of when AMAL intends to issue 3,750,000 ordinary shares in AMAL in favour of each of them as compensation arising from their previous services rendered to AMAL. AMAL is consulting with its legal advisers in respect of this matter.

    Tawana is monitoring this matter and will make such disclosures, if any, as are considered appropriate in connection with the Scheme in due course. "
 
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