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The latest announcement is out from Southern Alliance Mining Ltd. ( (SG:QNS) ).
Southern Alliance Mining Ltd. has successfully completed the acquisition of a 40% stake in MCRE Resources Sdn. Bhd., marking a significant milestone in its strategic expansion. This acquisition, valued at approximately RM219.0 million, strengthens the company’s position in the mining sector and is expected to enhance its operational capabilities and shareholder value.
More about Southern Alliance Mining Ltd.
Southern Alliance Mining Ltd. is a company incorporated in Singapore, operating in the mining industry. Its primary focus is on the acquisition and management of mineral resources, enhancing its market presence through strategic investments.
Average Trading Volume: 19,346
Technical Sentiment Signal: Sell
Current Market Cap: S$215.2M
For an in-depth examination of QNS stock, go to TipRanks’ Overview page.