IN BRIEF: Braemar plans AGM despite delayed results amid investigation
17th Jul 2023 17:45
Braemar PLC - London-based shipbroker and advisor in shipping investment - Plans annual general meeting to be held on August 9. The company's shares were suspended earlier this month, due to a delay in the publication of its annual results pending an investigation into a 2013 transaction. The company said that the investigation was looking at a 2013 transaction of around USD3.0 million, and involving payments being made through to 2017. The company has said until this work is complete, it cannot publish its financial 2023 results and therefore missed its June 30 deadline. Read More