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Tamarind in $40m share buyback

ASIC filings indicate capital return by parent company of insolvent Tamarind Taranaki.

Tim Hunter Thu, 21 Nov 2019

The Australian parent of insolvent oil company Tamarind Taranaki paid out $US26 million ($40m) in July via a selective share buyback, according to filings to the Australian Securities & Investments Commission.

The directors of Tamarind Taranaki, Ian Angell and Michael Arnett, appointed

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Tamarind in $40m share buyback
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