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AsiaPhos eyes gold and copper miner MMJV in reverse takeover

Issue and allotment of shares to seller can reach up to S$72m

Singapore

CHINA-FOCUSED phosphate miner AsiaPhos Limited on Friday said it is looking to acquire the entire stake in gold and copper miner MMJV, in a deal that will constitute a reverse takeover of the former.

AsiaPhos plans to issue and allot to the seller its ordinary shares at 0...

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