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C&G furnishes more details on $400 mil RTO of Param Mitra's Indonesian coal assets

M&A

C&G furnishes more details on $400 mil RTO of Param Mitra's Indonesian coal assets

PC Lee Published on Tue, Jun 05, 2018 / 10:28 AM GMT+8

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SINGAPORE (June 5): India's Param Mitra Coal Resources (PMCR) is listing on the Singapore Exchange (SGX) through the reverse takeover of C&G Environmental Protection Holdings.

C&G Environmental Protection in $400 mil RTO deal to transform into thermal coal miner

Under the RTO deal, PMCR will inject its assets, related to the coal mining, logistics and trading of thermal coal sourced from various coal mines in Indonesia, into C&G in exchange for $400 million worth of new C&G shares at $0.008182 each, based on C&G's current number of shares.

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C&G furnishes more details on $400 mil RTO of Param Mitra's Indonesian coal assets

M&A

C&G furnishes more details on $400 mil RTO of Param Mitra's Indonesian coal assets

Primary tabs

Error message

C&G furnishes more details on $400 mil RTO of Param Mitra's Indonesian coal assets

M&A

C&G furnishes more details on $400 mil RTO of Param Mitra's Indonesian coal assets

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