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Mon, 1st Feb 2021 14:37
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Asiamet Resources Ltd - Indonesia-focussed copper and gold miner - Says it has received notice purported to be from largest shareholder, Aeternum Energy, requisitioning a special general meeting. The notice that has been received is not in a valid form and therefore directors are not required to act on it now, however it is apparent that our largest shareholder is seeking to take control of the company without fair and reasonable process or acquisition, Asiamet adds. This action immediately follows PT WIN, an Indonesian company owned by Aeturnum Energy, materially breaching the terms of a binding sale and purchase agreement with Asiamet for the acquisition of the company s KSK contract of work in Indonesia. Asiamet says seeking necessary advice , tells shareholders to take no action.
IN BRIEF: Live Co To Host Electric Vehicle Festival In Cape Town
Tue, 12th Jan 2021 19:11
Live Co Group PLC - live events and entertainment group - Says E-Movement Holdings Ltd subsidiary partners with Messe Frankfurt for the launch of the eMobility Festival 2021. The parties have signed heads of terms to be followed by legally binding definitive agreements in due course, firm says. The festival will take place in Cape Town, scheduled to take place in November 2021. The e-Mobility Festival will focus on electric vehicles of all kinds, the future of e-mobility and climate change. Additionally, E-Movement Holdings Ltd is in advanced negotiations with Formula E Holdings and the city of Cape Town to stage a Formula E race as part of our week long e-FEST programme, Live Co adds.