In a landmark decision, the shareholders of Sons of Gwalia were awarded the same status as non-shareholding creditors on 27 February 2006 because the company breached continuous disclosure obligations or misled them about its financial status.[28] On 29 August 2006, Sons of Gwalia (SGW) was de-listed from the Australian Securities Exchange.[29]
https://en.wikipedia.org/wiki/Sons_of_Gwalia
- Forums
- ASX - By Stock
- SO4
- Shareholders given status of non-shareholder creditors.
Shareholders given status of non-shareholder creditors.
Featured News
Add SO4 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online