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Molopo Energy Ltd (MLOOF.PK)

MLOOF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Wam Capital intends to make off-market takeover bid for entire stake of Molopo Energy
Wednesday, 8 Nov 2017 12:41am EST 

Nov 8 (Reuters) - Wam Capital Ltd :‍Intends to make off-market takeover bid for all issued fully paid ordinary shares in Molopo Energy at $0.135 for each share​.  Full Article

Australian Government Takeovers Panel declines to conduct proceedings on application from Molopo Energy
Monday, 30 Oct 2017 12:57am EDT 

Oct 30 (Reuters) - Aurora Global Income Trust :Declined to conduct proceedings on application from Molopo Energy regarding bid from Aurora Funds Management‍​.  Full Article

Aurora Absolute Return Fund says Takeovers Panel received application from Molopo
Monday, 23 Oct 2017 06:29pm EDT 

Oct 24 (Reuters) - Aurora Absolute Return Fund ::Was advised that takeovers panel received application from Molopo Energy in relation to takeover bid by AFARF of Molopo​.  Full Article

Molopo Energy recommends 'no action' on Aurora’s revised bid
Friday, 15 Sep 2017 03:07am EDT 

Sept 15 (Reuters) - Molopo Energy Ltd :Recommends that Molopo’s shareholders take no action in relation to Aurora’s intended revised bid.  Full Article

Aurora Absolute says Aurora Funds Management withdrew takeover bid for Molopo Energy
Tuesday, 12 Sep 2017 02:13am EDT 

Sept 12 (Reuters) - Aurora Absolute Return Fund :Aurora Funds Management withdrew takeover bid for Molopo energy as Molopo triggered a proposed defeating condition.Aurora intends to make a new revised takeover bid for 100 pct of ordinary shares in Molopo at $0.135 each.Under new bid, Molopo shareholders to be able to elect to receive bid consideration in cash or same value in AFARF units.Price has been decreased to value of Molopo share due to transaction and operating loss, as calculated by Aurora.  Full Article

Aurora Absolute Return Fund reports takeover proposal for Molopo Energy
Wednesday, 26 Jul 2017 08:18pm EDT 

July 27 (Reuters) - Aurora Absolute Return Fund :Company announces cash and/or scrip takeover bid for Molopo Energy Limited.Aurora Funds Management intends to make an off-market takeover bid for all ordinary shares in Molopo Energy Limited at a bid price of $0.18 each.  Full Article

Australian Govt Takeovers Panel updates on affairs of Molopo Energy
Friday, 30 Jun 2017 03:04am EDT 

June 30 (Reuters) - Keybridge Capital Ltd :Made declaration of unacceptable circumstances in relation to applications by Keybridge Capital & Molopo Energy.Applications sought a review of initial panel’s decision in Molopo Energy.  Full Article

Australian Government Takeovers Panel accepts undertakings from Keybridge Capital & Aurora Funds Management
Friday, 16 Jun 2017 01:45am EDT 

June 16 (Reuters) - Australian Government Takeovers Panel ::Australian government takeovers panel accept undertakings from keybridge capital & aurora funds management regarding applications seeking review of initial panel's decision.Australian government takeovers panel says neither keybridge nor aurora will dispose of or acquire shares in molopo without panel being given two clear business days' notice.  Full Article

Australian Government Takeovers Panel received application from Aurora Funds Management
Friday, 16 Jun 2017 01:18am EDT 

June 16 (Reuters) - Australian Government Takeovers Panel ::Australian Government Takeovers Panel received application from Aurora Funds Management seeking review of panel's decision on orders in Molopo Energy 01 & 02.Australian government takeovers panel says review panel has not been appointed and no decision has been made as to whether to conduct proceedings.  Full Article

Molopo Energy updates on response of takeovers panel on affairs of co
Wednesday, 14 Jun 2017 08:47pm EDT 

June 15 (Reuters) - Molopo Energy Ltd :Takeovers panel issue divestment orders on Keybridge Aurora, KBC.Panel orders Keybridge and Aurora to sell down a portion of their Molopo shares.  Full Article