Australian gold mining company seeks HK listing |
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issue time:2007-03-10 08:12
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Jan. 5, 2007 (China Knowledge) – Australian gold mining company Sino Gold plans to seek approval for a secondary listing of about US$100 million in Hong Kong. Sydney-based Sino Gold, whose primary assets are in the China mainland, is listed in Australia. Should the company receive approval from regulators, it will begin three weeks of pre-marketing and road shows with a trading date set for the week of February 19. Morgan Stanley is arranging the share sale. Sino Gold's Australian shares closed at A$6.65 yesterday, down 11.33% from a 52-week high of A$7.50 on Dec. 29.
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