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Chemeq denies disclosure claims

by 5m Editor
24 December 2004, at 12:00am

AUSTRALIA - Troubled Perth biotech Chemeq has been accused by the corporate regulator of failing to comply with continuous disclosure rules. The charges, which carry individual fines ranging between $200,000 and $1 million, relate to a South African sales contract, new plant construction costs, funding needs, and a US patent extension.

5m Editor