CAPITAL MARKETS

Brockman hits back at Wah Nam claims

TAKEOVER target Brockman Resources has poured cold water on would-be suitor Wah Nam International Holdings' claims that a broad section of its shareholders have accepted the $A932 million bid, saying today that an overwhelming majority of its investors have not backed the offer.

MiningNews.Net
Brockman hits back at Wah Nam claims

Wah Nam announced yesterday that it now holds a 45.39% stake in Brockman with the company’s chairman Peter Luk encouraged that “a broad section of shareholders” was responding positively to the offer now...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.