Singapore-listed Blumont Group Ltd has decided to sell its 12.74 per cent stake in Australia’s Cokal Limited. Blumont had bought shares in Australia-listed Cokal at A$0.16 apiece, and had paid a total of A$9.61 million (approximately S$11.35 million) for its equity holdings in the company, whose primary business is coal exploration.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com