KZL 0.00% 12.0¢ kagara ltd

kzl is next maybe, page-7

  1. 3,890 Posts.
    pencilin gself is right.

    A company may only hold up to 20% of issued capital in a company. If they want to exceed this they need to launch a formal take over bid. Nothing to stop this happening, BUT you would definitely know about it if they did.

    The FIRB decision would be an interesting one. There has been a bit more leniency in recent times with transactions with the Chinese in particular, BUT the AB deposit is signficant which would be a major concern in the approval process.

 
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