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Otto Marine Ltd acquires shares in GO Marine Group Pty Ltd


Sunday, 15 Jun 2014 03:42am EDT 

Otto Marine Ltd:With reference to the announcements dated May 19 and May 20 in relation to the above-mentioned subject matter.All capitalised terms undefined in this announcement shall assume the same meanings as ascribed to them in the announcements.Announces that it has received SGX-ST’s approval in-principle to the listing and quotation of the Consideration Shares subject to compliance with SGX-ST’s listing requirements; and.Independent shareholders’ approval being obtained for the issuance of the Consideration Shares to Garrick James Stanley and/or his nominee.SGX-ST’s in-principle approval is not to be taken as an indication of the merits of the Acquisition, the Consideration Shares, the Company and/or its subsidiaries. 

Company Quote

0.073
0.0010 +1.39%
31 Jul 2014