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Geo Energy proposes to raise stake in unit

It inks deal to buy remaining 34% interest in Borneo Int'l Resources that it does not already own - for US$25m

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Coal-mining group Geo Energy Resources has entered into a conditional sale-and-purchase agreement dated Dec 26, 2015, to buy the remaining 34 per cent shareholding interest in Singapore-incorporated Borneo International Resources Pte Ltd that it does not already own - for US$25 million.

Singapore

COAL-MINING group Geo Energy Resources has entered into a conditional sale-and-purchase agreement dated Dec 26, 2015, to buy the remaining 34 per cent shareholding interest in Singapore-incorporated Borneo International Resources Pte Ltd that it does not already own - for US$25

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