Sky One

Sky One: resumes from trading halt yday. Co is proposing to acq the entire stake in coal mining co Energy Prima for $400m, via the issue of 1600m new shares at $0.25/sh. In connection with the proposed acq, it will dispose its existing business (excl PT Energy Indonesia Resources) to its controlling sh/h and CEO Mr Dicky Suen Yiu Chung for $6.9m. Stock is the top active today, -1.6% at $0.315.