Monday, March 23, 2009

Straits Asia requests trading halt

SINGAPORE - Singapore-listed mining firm Straits Asia has asked for a trading halt pending the release of announcements.


Australian miner Straits Resources, Straits Asia's parent, will sell part of its coal and salt assets to Thai energy firm PTT in a deal worth about A$500 million (US$343 million), Reuters reported on Monday, citing a source familiar with the deal.

Source : Singapore Business Times

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