Takeover Panel shackles Molopo

THE federal Takeovers Panel has restricted Molopo Energy from making any single or aggregate payment, or incurring and expenditure or liability, of more than A$175,000 without its consent. 

Takeover Panel shackles Molopo Takeover Panel shackles Molopo Takeover Panel shackles Molopo Takeover Panel shackles Molopo Takeover Panel shackles Molopo

901673_25131014.jpg

The decision comes as an interim order issued in response to an application from Aurora Funds Management as the latest twist in its complicated takeover bid for Molopo.