Shareholders of Alita Resources seek answers amid 'forced takeover'
About 100 of them are said to be fighting the takeover of their shares by a Chinese entity acquiring Alita's assets
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Singapore
SHAREHOLDERS of Alita Resources, formerly Alliance Mineral Assets, will see their investments go to zero, as Chinese interests seize control of the insolvent lithium miner.
But many questions have been left unaddressed as the Singapore-listed firm moves quickly to cut shareholders out of the picture - and some of these shareholders are mounting an effort to oppose the process.
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