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Tembusu Partners invests US$7.5m in coal assets

It intends to list PMCR in an Asian location such as Singapore

SINGAPORE private-equity investor Tembusu Partners has invested US$7.5 million in a coal-resources company, with a view to listing the firm in an Asian location such as Singapore.

The investment in Singapore-registered Param Mitra Coal Resources Pte Ltd (PMCR) is the eighth made under...

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