Monday, September 2, 2013
Albedo
Albedo: Extended MOU for RTO deal with Temasya Cergas to 30 Sep. In addition, two more land parcels will be included for negotiation under the MOU, taking the total area to 919 acres from 762 acres. Albedo will pay for the land through issuing new shares to Temasya.
Do note that CEO Hano Maeloa had disposed its entire 2.63% stake of 35.4m shares @ $0.05 per share on the market on 28 Aug, notably happy with that price.
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What is your View on the chance of Danny Tan success in RTO?
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