Summary
Tom Cross, the Aberdeen oilman about to pocket pound(s)53 million from the sale of his first creation Dana Petroleum, yesterday promised to build another winner in Parkmead Group.
Shares in the AIM-listed Parkmead doubled yesterday as it announced its chairman Colin Goodall, who chaired Dana, was retiring and Mr Cross, who has been on the board since 2006, was quitting Dana and would become executive chairman of Parkmead on November 9.See the full content of this document
Extract
Dana Founder Confident of Parkmead Success Potential
Mr Cross said he planned to turn Aberdeen-based Parkmead, which invests in exploration and advises oil companies and government...
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