Have you ever been tempted to invest your money with someone you know, such as a friend, a relative, or an acquaintance? Have you ever been promised high returns on your investment, only to find out later that you have been scammed? If so, you are not alone. According to a recent report by the…
All posts tagged Due diligence
Kazera Global completes due diligence for Namibian Investment
LONDON: Kazera Global plc report that the Board have now been informed that the banking due diligence on the investment package totaling €9,130,000 announced in previous RNS’s has now been successfully completed. The Company is now awaiting final confirmation of the transfer of funds, at which point it will make a further announcement. In anticipation…
Singapore private equity investor expresses interest to acquire minority stake in mm2 Asia
SINGAPORE: mm2 Asia Ltd has received a non-binding term sheet from a Singapore private equity investor expressing interest in a potential acquisition involving a minority stake in one of the mm2’s core businesses. mm2 Asia Ltd. Had made and announcement earlier in relation to the proposed renounceable underwritten rights issue by the company. The Company…
Fauji Foundation conducts due diligence for the acquisition of Silkbank Limited
KARACHI: Silkbank Limited has agreed to allow Fauji foundation to conduct due diligence and evaluate the bank, as the Fauji Foundation intends to acquire Silkbank Limited. “We would like to inform that Fauji Foundation (FF) have expressed an interest in acquiring the majority stake in Silkbank Limited. As part of the process, Silkbank has been…
Connells completes due diligence, confirms off for acquisition of Countrywide plc
LONDON: The board of Connells Limited has completed its due diligence in relation to Countrywide plc and re-confirmed its proposal to acquire Countrywide at a price of 250 pence per Countrywide share, translating into an enterprise value of £172.3 million. The making of any firm offer in accordance with Rule 2.7 of the Code is…
Tempus Resources completes due diligence on the acquisition of Blackdome-Elizabeth Gold Project
PERTH: Tempus Resources has announced successful completion of due diligence on the acquisition of the high-grade, past producing Blackdome-Elizabeth Gold Project located in British Columbia, Canada. Legal firm Gowling WLG (Canada) LLP and technical specialists SRK Consulting have assisted with detailed due diligence on the acquisition and letter of intent, which has now been completed…