Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.
Find out more at btsub.sg/promo
[JOHANNESBURG] Unlisted Chinese asset manager Heaven-Sent has offered to buy junior South African gold producer Village Main Reef, the companies said on Wednesday, in a deal that values the target at 637 million rand (US$56 million).
The offer is for 12.25 rand per share, a 14.5 per cent premium on the company's closing price on Tuesday.
Chinese investment directly into the South African precious metals space remains relatively rare.