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Could APS's RTO-cum-rights unlock value?

Thursday, March 13, 2014 - 06:00

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In September last year, the Catalist-listed company said that it was undertaking an RTO deal to buy a firm holding gold-mining exploration rights in Armenia - PHOTO: SPH

IT is somewhat uncommon for companies that fund reverse takeovers (RTOs) via shares to also subsequently raise cash. But that is exactly what bereavement service provider Asia-Pacific Strategic Investments is doing. In September last year, the Catalist-listed company said that it was undertaking

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