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Wah Nam associates barred from lifting Brockman stake

THE Takeovers Panel has responded to Brockman Resources' request to launch proceedings over alleged breaches by parties associated with Wah Nam International, with the panel making interim orders barring the companies from acquiring further shares in the iron ore developer.

Kristie Batten
Wah Nam associates barred from lifting Brockman stake

Graham Bradley, acting president of the panel, responded to Brockman’s application made on Tuesday, preventing Wah Nam associates from increasing their voting power in Brockman, disposing of or transferring...

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