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Southern Alliance Mining seeks listing on SGX, expects to benefit from Asean infrastructure spending

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Claudia Tan HS

Published Tue, Jun 16, 2020 · 09:50 PM

    Singapore

    MALAYSIA-BASED iron ore producer Southern Alliance Mining (SAM) is looking to list on the Singapore bourse and is expecting to benefit from increased infrastructure spending in South-east Asia.

    The company lodged its final prospectus on Tuesday, offering 76 million placement shares at S$0.25 each for placement in its initial public offering (IPO).

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