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Market watchers say Golden Energy exit offer unfair, results for shareholders uncertain

Uma Devi

Uma Devi

Published Thu, Nov 10, 2022 · 07:24 PM

Golden Energy & Res

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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