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AnaeCo Ltd (ANQ.AX)

ANQ.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Anaeco Ltd signs MoU with Bouygues E&S
Sunday, 2 Oct 2016 09:08pm EDT 

Anaeco Ltd : Mou with Bouygues E&S contracting UK . Anaeco and BES to work together to identify, win and deliver opportunities to design, build and operate plants in UK and Republic of Ireland .Memorandum of understanding has been signed with Bouygues E & S contracting UK Limited (Bes).  Full Article

Monadelphous enters into agreement with Xiaoqing Environmental Protection
Thursday, 4 Aug 2016 07:45pm EDT 

Monadelphous Group Ltd : Sale of loan in AnaeCo Limited . 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 .  Full Article

AnaeCo says it expects that additional funds will be raised
Tuesday, 10 Nov 2015 12:18am EST 

AnaeCo:Says There is an explicit reasonable expectation" that additional funds will be raised to meet net current liabilities of $4.65M and ongoing running costs.  Full Article

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