Organic Interceptor Products Limited
Transaction Type: Company meeting (Acquisition)
Acquirer: AQL Holdings Limited
Independent Adviser(s): Deloitte Touche Tohmatsu (Rule 18)
Date of meeting: 31/08/2001
On 6 June 2001, AQL Holdings Limited (AQL) advised that it had signed a conditional agreement to acquire 100% of the capital in Organic Interceptor Products Limited (OIP).
AQL would acquire the OIP shares for $5,150,000. The consideration would be satisfied by the issue of the OIP shares at $0.25 cents per share and $275,000 in cash.
On 31 August 2001, AQL’s shareholders approved the acquisition of OIP.