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THE Hong Kong mining house Regent Pacific has been challenged to explain its surprise decision to abandon a takeover of the Australian miner BC Iron. The request, from Consolidated Minerals ...
BC Iron says a media report claiming its second largest shareholder, Regent Pacific, had sealed a takeover deal with the iron ore miner before it was announced to the market is "highly misleading".
Regent Pacific has withdrawn its offer for BC Iron after failing to secure the support ... more than 25 per cent of the votes that may be cast on the Scheme." The scheme was terminated on Tuesday.
Hong Kong-listed resources investor Regent Pacific has dropped its A$345 million (HK$2.71 billion) bid for BC Iron, sparking sharp criticism from the Australian miner. Regent and BC Iron ...
BC Iron intends ... at $3.30 a share from Regent, which already owned an almost 20 per cent stake. The offer was subject to approval by at least 75 per cent of the votes cast.
− Iron-ore junior BC Iron on Tuesday expanded on its reasoning behind its abandoned scheme implementation agreement with Asian miner Regent Pacific, saying that an independent expert report had ...
SYDNEY, Jan 19 (Reuters) - Shares of Australia's BC Iron and its second-biggest shareholder Regent Pacific Group were placed on trading halts on Wednesday amid speculation Hong Kong-based Regent ...
SHARES in BC Iron have been placed in a trading halt as it waits for its resistant bidder, Regent Pacific Group, to declare its position on a $US155 million financing ...