This is the last NR released by ACMG on March 23rd.
We all know that companies word these very carefully.
can we interpret this to mean anything - are they implicitly trying to tell us something, or just wishful thinking on my part.
I am specifically referring to the first sentence.
"pursuant to" means "after". therefore the other part of the sentence should read" will" structure, not "is now" structuring. Is now would mean the deal was finalized.
The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.
According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007.
The company affirms that this new structure will enable it to make a serious difference and that it is glad to reward its long-term shareholders.