MTS Energy, agent for Sinopec lubricants, lists stock on Unlisted platform

Mon, 10 Sep 2012

Sept. 10 (BusinessDesk) - MTS Energy, an importer and distributor of automotive lubricants, has listed its shares on Unlisted, bringing total companies on the platform to 16. The Auckland-based company has about 38.4 million fully paid shares on Unlisted, representing capital of $1.9 million, out of a total 74.8 million shares. The remaining 36 million need to be paid at 5 cents apiece. The stock didn’t trade today. MTS hasn’t indicated it wants to raise more capital. It has 31 shareholders, predominantly Chinese. The company began as a BP...

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