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Block deal involving 8 5% stake in Globus Spirits likely today

The block deal in Globus Spirits is expected at a floor price of Rs 975-985.

Tilaknagar looks to invest in brand building

According to a filing to the exchanges, the company said the total restructured debt amounting to ₹176.22 crore as of 30 June, has been settled.

Samoa Observer | Businessman adamant business complied

A local businessman has disputed the Alcohol Control Board Secretary's statement on his company not meeting three key requirements for a license to manufacture liquor.The owner of Talofa Spirits and Liquor Company Limited, John Rankin told Samoa Observer in an interview on Monday that the stateme.

Samoa Observer | Liquor Board says manufacturer non-compliant

Talofa Spirits and Liquor Company Limited has not been allowed to operate because it has failed to provide key requirements particularly "brewing methods and formula(e)" to be used by a manufacturer as well as qualifications of its brew master. This was confirmed by the Secretary of the Liquor Bo.

Samoa Observer | Local distiller deserves better from Government

In early 2021 there was a public outcry over the rise in crime in Samoa with alcohol identified as a major contributing factor. Even the country’s courts and law enforcement agencies called for action.Among those who expressed concern was a former police commissioner as well as Supreme Court Just.

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