M&A

Straits adds to portfolio

STRAITS Asia Resources will step into the oil and gas sector, citing the addition of a new resource portfolio as a "natural commercial progression". Meanwhile, Straits Resources non-executive chairman David Toms has announced his retirement and the sale of his entire shareholding.

MiningNews.Net
Straits adds to portfolio

In an announcement to market this morning, Straits Resources said Toms sold his 16% shareholding in the company with strong demand for the shares. Toms has been with the company since 1992 and leaves...

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