LNGL pins hopes on LNG-9 takeover

US-FOCUSSED LNG Limited will have its takeover bid by Singapore-based LNG9 pushed back to late April, amid delays caused by the global impact of COVID-19, as the company’s cash reserves threaten to run dry.

LNGL pins hopes on LNG-9 takeover LNGL pins hopes on LNG-9 takeover LNGL pins hopes on LNG-9 takeover LNGL pins hopes on LNG-9 takeover LNGL pins hopes on LNG-9 takeover

Operations funding hangs in the balance

 
LNGL said it had been informed by LNG9 that its bidder's statement will be lodged with ASIC in mid-April, for dispatch to shareholders by late April, given the virus has led to relevant staff

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