(EnergyAsia, February 22, Friday) — Hongkong-listed Kiu Hung International Holdings Limited said it has approved the acquisition of the entire equity interest of Lucky Dragon Resources Limited for HK$840 million at an extraordinary general meeting early this week. (US$1=HK7.78).Lucky Dragon owns Tongliao City Heng Yuan Mining Company Limited which in turn owns the mining rights…
CHINA: Kiu Hung International to own two coal mines through HK$840 million takeover of Lucky Dragon
Posted on February 21, 2008 by EnergyAsia