Bermele PLC - London-based special purpose acquisition company - For the six months to the end of July, operating loss narrowed to GBP210,818 from GBP292,384 on lower administrative expenses.
In late July, signed heads of terms to acquire East Imperial Pte Ltd. East Imperial, founded in 2013 in New Zealand, produces and markets a line of branded ultra-premium beverages that are currently sold throughout APAC and the US.
Acquisition is expected to need further funding from new or existing shareholders.
Current stock price: 0.75 pence, suspended
Year-to-date change: down 50%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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