Stanmore Coal Ltd (Stanmore) has confirmed that the unsolicited off-market takeover offer from Golden Investments (Australia) Pte Ltd has now expired.
After the expiry of the offer, Stanmore has been informed that Golden Investments Limited has a relevant interest in 25.47% of Stanmore’s shares on issue. This includes the 19.9% of the shares on issue acquired by a related entity of Golden Investments from Greatgroup immediately prior to the offer.
Read the article online at: https://www.worldcoal.com/coal/24012019/stanmore-coal-announces-expiry-of-golden-investments-takeover-offer/
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The coal seaport of Shakhtersk is the first in the Sakhalin region to receive the largest 300 m vessel for loading, with a carrying capacity of 206 000 t.
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