The six months ended 30 September 2020 and subsequent period, have been transformative for CML towards the achievement of its objectives to list on a renowned international stock exchange for resource companies, and procurement of funding to significantly advance the Development Study and Work Programme of the Eastern Minerals Project in Sri Lanka (the Project ), the principal asset of CML. On 21 October 2020, EPO announced that it had reached conditional agreement with parties holding a majority of the shares (51.4 per cent.) ( CML Majority ) in the Company, for EPO to acquire their shares in CML in exchange for ordinary shares in EPO. This proposed acquisition ( Proposed Acquisition ) constitutes a reverse takeover transaction pursuant to the AIM Rules for Companies. Following the Proposed Acquisition, the Company s business will constitute all of EPO s business.
The Zambia Revenue Authority (ZRA) and the Drug Enforcement Commission (DEC) have signed a bilateral Memorandum of Standing (MoU) aimed at strengthening the collaboration in combating and preventing tax crimes and drug trafficking.
The MoU is also targeted at addressing issues of money laundering and other offences related to the importation and exportation of prohibited or controlled goods or substances and cash.
And Attorney General Likando Kalaluka has underscored the need for the country to have effective mechanisms, collaboration and coordination in the fight against tax crimes, money laundering and other vices.
Mr. Kalaluka explained that Zambia is a member of the Anti-Money Laundering Authority (AMLA) which has set requirements for countries to have a well-coordinated effort in money laundering at the highest level of their operations.
Monbtserrado County Lawmaker Links To Money Laundry, Deposits Counterfeits At Local Bank Monbtserrado County Lawmaker Links To Money Laundry, Deposits Counterfeits At Local Bank
Capitol Building
A Representative of Montserrado County has been accused of money laundry after it was discovered last Wednesday, December 16, 2020 that this Representative’s aid, name withheld had taken unspecified amount of the United States Dollars to a local Bank on the Bushrod Island for deposit, but was later discovered by the bank teller that the amount in question was mixed with huge counterfeits.
According to our source, when Representative in question was asked about this situation, our source said the money in question was a check he encashed at the Central Bank of Liberia (CBL), believing that the alleged counterfeits being discovered was linked to the CBL.
Bitcoin Fund Debuts on Canadaâs Biggest Stock Exchange
CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars.
CI Global Fund Begins Trading
CI Global Asset Management has made it known that it has completed the initial public offering of the CI Galaxy Bitcoin Fund. According to the press release, $72 million was raised from the listing.
Initially, the fund had different classes such as class A, class C, and class F. However, regardless of their class, each share unit was sold for $10. But, when the offerings were closed, classes C and F had collapsed into a class A share.
On 15 December 2020, Cablevisión Holding S.A. (the Company ) informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that on that date the Company had held an Extraordinary Shareholders Meeting. The Shareholders Meeting was held remotely due to the extension of the restrictions to the free circulation of persons in general established by Decree No. 408/2020, as provided under Resolution No. 830/2020 of the Argentine Securities Commission. The Shareholders Meeting had a quorum of 96.40% of the issued and outstanding capital and 98.25% of the votes of the Company. At the shareholders meeting, the shareholders decided as follows:
Point to be considered prior to the Agenda, pursuant to Resolution 830/2020: Holding of Shareholders Meeting Remotely . Unanimously (350,167,822 affirmative votes and 14,977,773 abstentions), the shareholders resolved to hold the Shareholders meeting remotely.