Dividend proposal stokes fires of takeover tussle for Stanmore Coal
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Annabeth Leow
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Singapore
A DIVIDEND announcement may have, unusually, brought some investors more headache than joy.
Australia-listed Stanmore Coal's plans for an interim payout and share buyback have become the latest sticking point in a testy takeover bid by Golden Energy and Resources (Gear), with both sides releasing their fifth set of statements on Friday since the privatisation attempt was launched.
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