Forum Archive Index - September 2001

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[sharechat] MIG - Placement of shares and Cash issue.

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Tue, 4 Sep 2001 14:44:20 +1200

A trading halt is in force while investors await an unexpected placement ( Bookbuilding ) and cash issue: See Egoli.

Unofficial sources mention that about $ A 1.5 Bill. will be raised and that the actual cash issue will take place in October, 2001.

It was suggested that MIG may take 40% of a large Spanish infrastructure group which is also involved with toll roading projects.

Gerry

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