Tigers Realm will take steps to delist from the Australian Stock Exchange after shareholders approved a fire sale of its Russian coal mines to a Russian businessman the chairman conceded may have had former connections to oligarchs sanctioned by the federal government.
Shareholders approve fire sale of Russian mines to Russian tycoon with former links to sanctioned oligarchs
He said Tigers Realm was “walking a tightrope” because it was under pressure from the Putin government to sell its assets to a Russian business as Australia was deemed a “hostile entity”, while simultaneously under pressure by the Australian government which had sanctioned the trading of Russian coal.
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