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RTO?
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zhuge_liang
Supreme |
21-May-2007 14:20
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It said it is considering a proposal from an Indian real estate firm that has expressed interest in injecting their real estate assets into the company. Trading in Penton has been suspended since Aug '02. |
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Nostradamus
Supreme |
11-Feb-2007 23:30
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It is in talks with a number of potential candidates who have expressed interest in a reverse takeover (RTO) deal. In preparation for the proposed RTO, Penton has come to an agreement with the loan-note holders of the Marble Quarry that the company would no longer be liable to the note-holders in exchange for the shares in PT Penton Indonesia, which owns the Marble Quarry asset through its units. |
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