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Wah Nam secures loan

HONG Kong-based Wah Nam International Holdings says it has secured a $A9.4 million loan for its takeover offer to acquire all the shares it doesn’t already own in Brockman Resources and has extended the offer period by more than a month.

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Wah Nam secures loan

In a statement, Wah Nam said it had entered a subscription agreement with Hong Kong-based shipping company Ocean Line which would subscribe for a $9.4 million bond in Wah Nam. Wah Nam will issue the...

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