TAW 0.00% 31.0¢ tawana resources nl

Ann: Merger Update - Scheme Booklet registered with ASIC, page-46

  1. 275 Posts.
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    Hallo NL. Part of the advice included paying the Company's share registry $350 Sing, to run a recurring advert in the Straits Times, for a month, in which it would be stated that if any person was in possession of the scrip certificates, in question, they should present them to the Company's representative in Singapore (and hopefully the rightful owner would either make a legitimate claim, or relinquish all rights). I also had to sign a waiver, releasing the Company's representative from any liability for the failure to supply/post me the certificates in the first instance.

    I was wary of certain, dubious, parties pouncing, and taking advantage of that act, so a stalemate ensued.

    If I was successful in getting the certificates (one is for 163040 shares and the other for 163041 shares), I would still only be half way. I would still need to find a Singapore national/shareholder/interested party to buy the shares or somehow transfer the shares to another account/shareholder.

    Cheers
 
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