MoU9 Sept 2024, 10:36 pm
James Warren Tea Ltd Approves In-Principle Sale of Rajah Alli Tea Estate
AI Summary
James Warren Tea Ltd, in a meeting held on 9 September, 2024, has accorded its in-principle approval for the sale of Rajah Alli Tea Estate, one of its tea estates. The Board has authorized company officials to negotiate with prospective buyers and execute necessary documents. The company will update the stock exchanges once the buyer is finalized and the MOU/ Agreement is executed. The meeting started at 3:15 P.M. and concluded at 04:30 P.M.
Key Highlights
- James Warren Tea Ltd has approved the sale of Rajah Alli Tea Estate.
- The Board has authorized company officials to negotiate with prospective buyers.
- The company will update the stock exchanges once the buyer is finalized and the MOU/ Agreement is executed.
- The meeting was held on 9 September, 2024.
- The meeting started at 3:15 P.M. and concluded at 04:30 P.M.