(Oct 23): Dragon Group International saw a fillip of trading interest this past week after the company said on Oct 19 that it would acquire a mining company in a reverse takeover.
The announcement about the RTO came out of the blue. But the real surprise was perhaps that there wasn’t a bigger reaction from the market.
Dragon Group is proposing to acquire 100% of a Seychelles-incorporated company called Coeur Gold Armenia for $500 million from one George Howard Richmond.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)