新闻
Southern Alliance Mining: Diversification Into Rare Earths Industry Through Acquisition Of 40% Stake In MCRE.
04 Apr 2025 10:32The Proposed MCRE Acquisition marks SAM's strategic entry into the rare earth elements sector and enables the Group to diversify its revenue sources in addition to the Group's iron ore mining and gold exploration. Purchase consideration totals RM242.4 million, comprising RM219.0 million through issuance of 147,982,380 new shares at S$0.4471, approximately RM1.4799, per share and RM23.4 million, approximately S$7.07 million, in deferred cash consideration payments over four years period...
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Source: ShareInvestor Express
