NH Ceramics completes reverse takeover of BlackGold

Singapore

HAVING completed the reverse takeover of BlackGold, NH Ceramics is now known as BlackGold Natural Resources, and has officially become a coal producer.

The deal, which has been in the making since March 2013, was completed on Tuesday.

The Catalist-listed building materials supplier said it has acquired the entire issued and paid-up share capital of BlackGold Asia Resources and BlackGold Energy; the two firms have controlling interests in three Indonesian subsidiaries that have about 53,000 hec…