We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rasmala | LSE:RMA | London | Ordinary Share | GB00BNG83T81 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 135.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMRMA
RNS Number : 1732L
Rasmala PLC
14 July 2017
14 July 2017
Rasmala plc ("Rasmala" or "the Company")
Acquisition of 100% interest in Rasmala Holdings Limited
Rasmala is pleased to announce that it has agreed to acquire the remaining shares of its subsidiary Rasmala Holdings Limited ("RHL") that Rasmala does not already own, from the existing RHL minority shareholders. As a result of these acquisitions Rasmala's total shareholding in RHL will increase from approximately 90% to 100%.
Total consideration for the 16,537,380 ordinary shares in RHL being acquired is approximately US $2.65 million in cash.
During the financial year ending on 31 December 2016, RHL reported net fee and commission income of US$9.0 million, and a net loss before tax from continuing operations of US$2.3 million.
Zak Hydari, Chief Executive Officer of Rasmala, commented: "We are delighted to have been able to achieve our stated objective of acquiring 100% of RHL".
Enquiries:
Rasmala plc Tel: +44 (0)20 7847 9900 ----------------------- ------------------------- Zak Hydari, CEO ----------------------- ------------------------- Stockdale Securities Tel: +44 (0)20 7601 6100 ----------------------- ------------------------- Antonio Bossi, Richard Johnson ----------------------- -------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQEAKXLFELXEFF
(END) Dow Jones Newswires
July 14, 2017 12:06 ET (16:06 GMT)
1 Year Rasmala Chart |
1 Month Rasmala Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
