Yong Tai shares slip on expansion into gold mining business | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

KUALA LUMPUR, March 25 — Yong Tai Bhd’s shares slipped half-a-sen to 26.5 sen in early trade after its subsidiary had been appointed the exclusive gold mining operator to undertake exploration works on a 100-hectare site in Bukit Kenderak in Pahang’s Lipis district. At 10am, the...

KUALA LUMPUR, March 25 — Yong Tai Bhd’s shares slipped half-a-sen to 26.5 sen in early trade after its subsidiary had been appointed the exclusive gold mining operator to undertake exploration works on a 100-hectare site in Bukit Kenderak in Pahang’s Lipis district.

Yesterday, Yong Tai announced that it had entered into a mining agreement with a member of the Pahang royal family and Amazing Logic Sdn Bhd. “The company could reap a monthly revenue of RM4.5 million from this venture. However, we leave our estimates unchanged at this juncture pending more clarity on the deal.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker