CAPITAL MARKETS

Kingsgate chases IPO clarification

KINGSGATE Consolidated says it wants urgent clarification from the Thai Securities and Exchange Commission after its application for the initial public offering of subsidiary Akara Resources was reportedly rejected.

Jack McGinn
Kingsgate chases IPO clarification

The SEC released a statement on Friday which suggested Kingsgate’s application for the IPO of Akara had been turned down – but the miner said it had not been informed of the decision. “The company has...

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