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Proactive news headlines including Tambourah Metals, Archer Materials, Lithium Australia and

Proactive news headlines including Mako Gold, Auteco Minerals, Aurumin and Astro Resources

Proactive news headlines including Mako Gold, Auteco Minerals, Aurumin and Astro Resources
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

S&P/ASX 200 gains 0 33% led by IT and healthcare stocks

Proactive Investors China - The web s leading portal for China stocks - Kangaroo Island Plantation Timbers MD demonstrates confidence in company with on-market purchase

2021-05-26 by Proactive Australia Kangaroo Island Plantation Timbers Ltd (ASX:KPT) managing director Keith Lamb has demonstrated his confidence in the company s strategy with the purchase of shares in an on-market transaction. On May 24 Lamb acquired 5,000 shares at $1.15 per share in a direct interest, increasing the total number of securities held to 20,000 shares. Reject takeover offer The company s directors last week unanimously recommended that shareholders reject an on-market takeover offer from Samuel Terry Absolute Return Active Fund (STAM). STAM already holds 26.26% of KPT and has offered to acquire all KPT shares at a price of $1.05 cash per share. KPT chairman Paul McKenzie said the directors had recommended shareholders reject the offer for the following reasons:

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