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Natural Resources and Commodities

Electronics maker takes control of mining firm
By STAFF EDITOR
Published: September 25, 2008 05:19 PM
The board of Malata Group, an electronics and telecoms producer, has approved a US$2.93 million (RMB20 million) bid by its wholly-owned subsidiary Zhuhai Wanlida Electric Co (002180.SZ) for an 80% stake in Shangnan Qingshan Mining Co, the Shanghai Securities News reported. Malata will also inject a further ...
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