RE: BZT5 Oct 2020 22:31
has provided some further detail on its plans to list the vehicle which holds an 80% interest in the Mankayan copper-gold project in the Philippines. Said vehicle, called MMJV, which in turn is a subsidiary of Mining and Minerals Industries Holding, is being reversed into a Singapore-listed company called AsiaPhos Ltd. The transaction is at the “non-binding term sheet” stage, with the definitive agreement expected to be concluded by the end of the month (if not the deal will lapse).