October 11, 2016 BY Valentina Kirilova

ASIC appoints Morgan Stanley to sell shares in Sovereign Gold Company Limited

ASIC has appointed Morgan Stanley Wealth Management Australia Pty Ltd  to sell 22,901,234 ordinary shares (Sale Shares) in Sovereign Gold Company Limited (SOC). The sale follows a decision by the Takeovers Panel to vest the shares in the Commonwealth for sale by ASIC. The shares represent approximately 1.62% of SOC's issued capital. The sale process…

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