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Water Hall shareholders approve disposal of subsidiary

By BFN News | 04:00 PM | Friday 11 May, 2012

Shareholders at Water Hall have approved at a General Meeting the sale of the company's wholly-owned subsidiary, Water Hall (England), including its wholly-owned subsidiary companies Star Quarry Products Limited and Warecrete, which provide waste management services.

On completion, the company will receive a consideration of £1 and repayment of outstanding inter-company debt of £1,249,999.

At 4:00pm: (LON:WTH) Water Hall Group share price was 0p at 2p

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