Here is a cut & paste from the Aries Telecoms PLC LSE Person(s) interested Offer,
"Vertu Capital Limited is a company wholly owned by Open Fibre Sdn Berhad ("Open Fibre") (91 per cent. interest) and Paneagle Holdings Berhad ("Paneagle") (9 per cent. interest) which are controlled by Zulizman Zainal Abidin. Open Fibre has issued convertible preference shares to a number of individuals and institutions which are clients of a regulated financial services firm in Malaysia (the "Preference Shares"). In the event that all of the Preference Shares are converted after admission, it would result in Zulizman Zainal Abidin holding a beneficial interest in Aries of TBC per cent., assuming no further issues of equity in either of Aries, Open Fibre or Paneagle following admission."
Well, they just recently got a listing on the London Stock Exchange.....
Here's some news from the Morning Star about their super successful recent IPO....
