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.