SG Dealbook:MMP Resources to buy ski resort,Geo Resources in $1.2b deal

SG Dealbook:MMP Resources to buy ski resort,Geo Resources in $1.2b deal

View of Singapore's central business district

MMP Resources, formerly Sino Construction, has announced that it will acquire JRT Trading for 80 million yen (S$1.04 million) in cash. Meanwhile, Indonesian coal mining group Geo Energy  has secured a deal to supply 4,200 GAR thermal coal to Singapore-based Engelhart Commodities Trading Partners (ECTP). The deal is estimated at around $1.2 billion at current coal prices.

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