RE: Nomad5 Dec 2016 13:14
Theyve stated as follows:
Tengri is pleased to confirm that it has now initiated discussions to acquire a company in the health care sector, which would constitute a reverse takeover under the AIM Rules and ISDX Rules. Whilst these discussions are at a preliminary stage and there can be no guarantee that this transaction will be completed, the Company can confirm that the discussions with the potential replacement Nominated Adviser referred to above form part of these early stage acquisition negotiations.
So the Potential Replacement Nominated Advisor is involved with the negotiations. As we have 4 weeks we should hear about the replacement and more on RTO.