IN BRIEF: Amala Foods reviews reverse takeover options

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Amala Foods PLC - cash shell - Further to announcement of April 19, says the company has been reviewing several potential transactions and has prepared a shortlist of reverse takeover opportunities in various sectors including healthcare, natural resources, and technology. Points out it has sufficient funding to undertake a reverse takeover.

Current stock price: 0.17 pence, up 13% in London on Tuesday

12-month change: down 68%

Copyright 2023 Alliance News Ltd. All Rights Reserved.