AsiaPhos falls 15% on possible loss of licences for 3 mines

Singapore

SHARES in AsiaPhos Limited fell by as much as 18.4 per cent during the early session before closing down S$0.015 or 14.6 per cent to S$0.088 on Friday.

This followed the company's announcement in pre-market exchange on Friday that it received a request for undertaking - around Nov 21 - to vacate and rehabilitate two of its mining sites within the Jiudingshan Nature Reserve in the Sichuan province in China. AsiaP…