Friday, November 22, 2013

WE Holdings

WE Holdings: Extended the long-stop date for its $20m acquisition for a minority stake (20%) in Myanmar cement producer, Dragon Cement, from 21 Nov 2013 till 20 Feb 2014. This is the fourth extension which was originally slated to be completed on 16 Aug 2013. The group cited that they are still in the process of consulting the Myanmar Investment Commission on the proposed acquisition.

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