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Market watchers say Golden Energy exit offer unfair, results for shareholders uncertain
Published Thu, Nov 10, 2022 · 07:24 PM
COAL miner Golden Energy and Resources : AUE 0% (Gear) has announced that it wants to exit the thermal coal business and delist from the Singapore Exchange (SGX), but market watchers said that the deal terms may not be favourable to the company’s shareholders.
Phillip Securities analyst Terence Chua said …
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