Aug 4 (Reuters) - Monadelphous Group Ltd (MND) :
- Sale of loan in AnaeCo Limited (MND)
- Entered into a binding agreement with Xiaoqing Environmental Protection
Technology Company (XEPTC)
- At completion of the sale XEPTC will pay Monadelphous $11.5 million
- Agreement will result in XEPTC buying part of a convertible loan owed to
Monadelphous by AnaeCo Limited
- Expected that Monadelphous will hold 30% of AnaeCo'S issued share capital
upon conversion
- Debt purchased by XEPTC will convert into equity of AnaeCo, subject to
approval of AnaeCo'S shareholders
News: MND Monadelphous enters into agreement with Xiaoqing Environmental Protection
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Last
$21.42 |
Change
0.160(0.75%) |
Mkt cap ! $2.124B | |||
| Open | High | Low | Value | Volume |
| $21.18 | $21.43 | $21.18 | $971.1K | 45.52K |
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| No. | Vol. | Price($) |
|---|---|---|
| 14 | 455 | $21.41 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.43 | 279 | 9 |
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