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Hannans Limited ( (AU:RIL) ) has issued an update.
Redivium Limited, a company whose securities are listed on the ASX, is currently facing financial challenges as indicated by its inability to meet the minimum subscription condition for its non-renounceable entitlement offer. The ASX has suspended the quotation of RIL’s securities due to inadequate financial conditions and recent resignations of two non-executive directors. The company is required to appoint additional directors to comply with corporate regulations, and the suspension will remain until RIL meets the necessary listing requirements.
More about Hannans Limited
Current Market Cap: A$13.58M
See more data about RIL stock on TipRanks’ Stock Analysis page.
