• The merger with Tenaz has been rejected by SDX’s shareholders. Waha Capital, the previous main shareholder of SDX has sold its interest.
• Through a series of transactions, Aleph Commodities has bought a 25.65% stake in the company, becoming the new cornerstone shareholder.
• This is a very important change as Waha had been looking to sell its stake in SDX for a long time, effectively restraining the company from making any bold moves to grow its business.
• Aleph is a global trading and inv ....
01 Aug 2022
SDX Energy (AIM: SDX): New dawn
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SDX Energy (AIM: SDX): New dawn
SDX Energy PLC (SDX:LON) | 3.6 0 0.0% | Mkt Cap: 7.26m
- Published:
01 Aug 2022 -
Author:
Stephane Foucaud -
Pages:
5
• The merger with Tenaz has been rejected by SDX’s shareholders. Waha Capital, the previous main shareholder of SDX has sold its interest.
• Through a series of transactions, Aleph Commodities has bought a 25.65% stake in the company, becoming the new cornerstone shareholder.
• This is a very important change as Waha had been looking to sell its stake in SDX for a long time, effectively restraining the company from making any bold moves to grow its business.
• Aleph is a global trading and inv ....