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Controlling shareholder of Abterra under liquidation

Firm calls for trading halt, saying it needs time to assess the impact, as stock dives following the news

Singapore

NATURAL resources trader Abterra Ltd said on Wednesday that its controlling shareholder, General Nice Resources (Hong Kong), has been put under liquidation by the High Court of Hong Kong.

General Nice Resources has a direct interest of 34.96 per cent in Abterra.

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