SINGAPORE - Singapore-listed commodities firm Noble Group said on Friday it will make a one-time gain of about US$200 million from a proposed merger between its subsidiary Gloucester Coal and the Australian unit of China's Yanzhou Coal Mining Co.
The deal, announced in Australia late on Thursday, will create one of Australia's largest listed coal companies. Noble and its units together own about 64.5 per cent of Gloucester.
Noble said in a filing to the Singapore stock exchange that it will receive about 130.9 million Yancoal Australia shares and A$420 million (US$416 million) under the terms of the proposed merger.
'Based on information the group has to date, the group estimates its gain on the disposal to be approximately US$200 million,' the Singapore-listed firm added.
Noble said it plans to reinvest the cash proceeds from the proposed merger in its global businesses. -- REUTERS
【換台幣】邊間可以兌4算?近20間找換店、銀行匯率比較(2024年3月更新) – 香港經濟日報 – 理財 – 精明消費
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台幣自今年年初以來持續貶值,匯率接近去年年中低位,利好赴台旅遊。計劃到台灣要準備換台幣,到底銀行還是找換店會更著數?
目前,港幣$1大約最多能兑換到3.75至4元新台幣,以現鈔來對比,找換店匯率大多優 Read More
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