SGX-listed Geo Energy eyes dual primary listing in Hong Kong
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Anita Gabriel
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Singapore
SINGAPORE-LISTED Indonesian coal miner Geo Energy Resources has set its heart on a dual primary listing on the Hong Kong Stock Exchange (HKEX), hoping that its stock may be rewarded with better liquidity and improved valuation.
Getting closer to key customer China, diversifying the shareholder base and tapping an additional funding source are the other driving factors that may see the group - if things go as planned - secure a seat on the main board of HKSE by next May or June.
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