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Coal miner Geo Energy scores hat trick with Macquarie Bank

S'pore-listed firm to secure US$75m in fresh funds by way of pre-payment for offtake deal for a mine in S Kalimantan

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"We may look at (a listing on) IDX later on as our business develops and new assets are acquired," says Mr Tung.

Singapore

INDONESIAN coal miner Geo Energy Resources has scored a hat trick with Australia's Macquarie Bank that will see the Singapore-listed firm secure US$75 million in fresh funds by way of a pre-payment for an offtake deal for a mine in South Kalimantan plus proposed equity

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