Singapore investor's 40% stake in Variscan Mine appreciates 360%

Singapore investor's 40% stake in Variscan Mine appreciates 360%

Surface coal mining Credit: Wikimedia Commons

Singaporean investor Kwan Chee Seng, who upped his shareholding in the Australia-listed Variscan Mines to 40 per cent (from 30 per cent in April), has seen the value of his stake increase to $3.6 million, from an initial investment of $1 million.

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