IN BRIEF: Kibo Energy at 'advanced' stage to assess potential projects

Related news

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Says it it is at an ‘advanced’ stage in its assessment of potential projects. Kibo is a cash shell and must acquire an asset in line with the reverse takeover rules of the AIM market in London. Its shares are suspended from trading on AIM from Monday as it hasn’t met the six month deadline for this. The Johannesburg Stock Exchange has determined that there is no basis to suspend trading in Kibo’s shares at this stage.

Stock price in Johannesburg: 0.01 rand cents

12-month change: flat

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.