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Dividend proposal stokes fires of takeover tussle for Stanmore Coal

Sat, Jan 19, 2019 - 5:50 AM
leowhma@sph.com.sg@AnnabethLeowBT

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),

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