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Geo Energy says it's in talks over acquisition following SGX query

GEO Energy Resources on Friday said it is undergoing negotiations on a potential acquisition, but no firm decision has been made at this stage.

It was responding to a query by the Singapore Exchange (SGX) on Friday over unusual volume movements of the shares.

"The board wishes to inform that various opportunities are being considered and negotiations on a potential acquisition are currently on-going," it added.

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