Forum Archive Index - May 2000
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[sharechat] AQL Announcement 4 pm
For those who haven't seen it -
AQL05/05/2000ASSET REL: 1601 HRS Aquaria 21 Limited
ASSET: AQL: RE SALE OF SHANGHAI AQUARIUM Aquaria 21
advised that Bliss Corporation, with whom Aquaria 21
has a conditional agreement to sell the Shanghai
Aquarium, has released anannouncement to the ASX
about the current status of that agreement and
theinterdependent agreement with Oceanis Australia
Pty. Both agreements have not settled. The Directors
of Aquaria 21 advised that there is a difference of
opinion between Bliss Corporation and the vendor
companies, Aquaria 21 andO ceanis, as to whether
certain conditions precedent comprised in
the contracts have been met. Aquaria 21 and Oceanis
are currently working to resolve these differences
expeditiously. Aquaria 21 expect to be in aposition
to make a more definite announcement on or about
09/05/00.
End
End CA:00055869 For:AQL Type:ASSET
Time:2000-05-05:16:03:33 Encrypt:Y
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Derek Watt
http://www.blackrobin.com
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