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Provider: Reuters Investment Profile
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Success Resources Global Ltd Proposes Acquisition Of Success Resources Pte Ltd


Tuesday, 22 Jan 2013 07:31pm EST 

Success Resources Global Ltd announced it has entered into a Letter of Intent to acquire 100% shares and assets of Success Resources Pte Ltd. Details of the Letter of Intent includes, Success Resources Global Limited (the Company) agrees to purchase all of the assets (Assets) of the Company (the Acquisition) subject to the matters raised herein. During the period commencing on the date of this Letter of Intent and ending 90 days thereafter (Closing Period). The consideration for the Assets is the aggregate of 3,333,333,333 fully paid ordinary shares in the the Company issued at AUD 0.006 per share together with the assumption of all liabilities of the Company (including shareholder loans) as at Completion (Liabilities). 

Company Quote

0.15
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4 Nov 2014