Good to read that there is a surge in tailored garments up 40% in menswear .Either a mixture of the look.sportswear as formal wear taking the hit.A good tailored suit can be picked up for a few hundred pounds .
Tony .good research so major shareholders are behind this deal for the best interests of all share holders hence the second payment.suspect the company will release more info when the deal is done .
Prior shareholder approval is not needed for the ruyi investment .If it was premium listed or main market then yes a vote would be needed .It is not a fundemental change to the buisiness as well ie The line of work is the same as before .Stock approval is worked out in shekels i believe .do research all in my opinion and observations
As far as i know the deal is a class 1 action. With no change of business.Aim companies do not require shareholder approval while premium and main marked do need a vote .