GB Energy Limited (ASX:GBX) acquired 72.29% stake in Kalia Investments Ltd for AUD 12.4 million on September 18, 2017. Under the transaction, GB Energy issued approximately 772.89 million shares as consideration. GB Energy Limited has announced to change its name to Kalia Limited and appoint David Johnston as a Director. GB Energy Limited (ASX:GBX) completed the acquisition of 72.29% stake in Kalia Investments Ltd for AUD 12.4 million on September 18, 2017.