Corporate digest

Golden Energy and Resources

RELISTED Indonesian coal miner Golden Energy and Resources has come out to assure investors that the company is not aware of any news or circumstances that caused its share price plunge this week.

The counter last traded at S$0.44, down four Singapore cents. Golden Energy said that it is a low-cost mining producer with large reserves and a strong operating track record. It said that it has a strong balance sheet with low gearing, and an experienced and committed management team to drive growth.