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BlackGold Natural Resources Ltd. ( (SG:41H) ) has shared an announcement.
BlackGold Natural Resources Ltd. announced that discussions with Shu Jian Tian Yu Development Co Pte Ltd have been discontinued, and the company will now consider a Second Proposal from PT Rajawali Artha Global. This shift in negotiations could impact the company’s restructuring efforts and its future operations, as PT Rajawali Artha Global is conducting due diligence to assess the viability of their proposal.
More about BlackGold Natural Resources Ltd.
BlackGold Natural Resources Ltd. is a company based in Singapore, operating in the natural resources sector. The company is currently under judicial management, indicating financial distress and restructuring efforts.
Average Trading Volume: 1,100
Technical Sentiment Signal: Sell
Current Market Cap: S$3.23M
Find detailed analytics on 41H stock on TipRanks’ Stock Analysis page.