MARKET DEVELOPMENT
Shares in Equatorial Palm Oil Suspended
Shares in Equatorial Palm Oil Suspended
29/06/2013 (Stock Market Wire) - Shares in Equatorial Palm Oil, the palm oil development and production company with operations in Liberia, West Africa, have been temporarily suspended from trading on AIM.
The company is seeking to raise a minimum of £2.6m to support the ongoing development of its oil palm estates.
It has received conditional offers from existing shareholders of up to £1.7m. Accordingly, the company is seeking from new and existing shareholders an amount of at least £0.9m.
At 12:50pm: [LON:PAL] share price was 0p at 6.38p
The company is seeking to raise a minimum of £2.6m to support the ongoing development of its oil palm estates.
It has received conditional offers from existing shareholders of up to £1.7m. Accordingly, the company is seeking from new and existing shareholders an amount of at least £0.9m.
At 12:50pm: [LON:PAL] share price was 0p at 6.38p