(EnergyAsia, April 23, Wednesday) — Singapore-listed Straits Asia Resources (SAR) Limited said it will be split into two companies to separately focus on the coal and metals businesses.The decision came after Australia-listed majority shareholder, Straits Resources Limited (SRL), conducted a strategic review of its group structure, and concluded the split would “unlock value” for shareholders.SRL…
SINGAPORE: Straits Asia Resources to become an independent globally focussed coal company
Posted on April 22, 2008 by EnergyAsia