Tigers raising in doubt

Coking coal aspirant Tigers Realm Coal has had its hopes of raising $62 million put in doubt after its second-biggest shareholder asked the Takeovers Panel to intervene. Non-executive director Bruce Gray has asked the panel to investigate and potentially block certain aspects of the raising. Two Russian entities are at the centre of the raising.

Coking coal aspirant Tigers Realm Coal has had its hopes of raising $62 million put in doubt after its second-biggest shareholder asked the Takeovers Panel to intervene. Non-executive director Bruce Gray has asked the panel to investigate and potentially block certain aspects of the raising. Two Russian entities are at the centre of the raising.

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