SUBSCRIBERS
China Hongxing Sports planning RTO, could enter gold-mining business
Add BT as a preferred source
Claudia Chong
Published Mon, Mar 25, 2019 · 09:50 PM
Singapore
CHINA Hongxing Sports might be headed for a reverse takeover (RTO) that will make gold-mining its core business.
The firm announced on Monday that it has entered into an agreement with Mining and Minerals Industries Holding Pte Ltd (MMIHPL) to acquire all the issued and paid-up share capital of MMJV Pte Ltd. MMJV, incorporated on March 22, is a holding company of two joint-venture companies.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal
